SWS Partners boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 201.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,033 shares of the company’s stock after acquiring an additional 51,460 shares during the period. SWS Partners owned 0.05% of Schwab U.S. Mid-Cap ETF worth $2,135,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in SCHM. Archer Investment Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $66,000. Farmers & Merchants Investments Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after acquiring an additional 640 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 2.3 %
SCHM opened at $27.26 on Tuesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The stock has a market cap of $11.09 billion, a PE ratio of 19.14 and a beta of 1.15. The business has a 50 day moving average of $28.42 and a 200-day moving average of $28.16.
About Schwab U.S. Mid-Cap ETF
The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.
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