Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Townsend Asset Management Corp NC ADV

Townsend Asset Management Corp NC ADV increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,237 shares of the company’s stock after acquiring an additional 17,508 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $727,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bush Investment Group LLC raised its position in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the last quarter. Anchor Investment Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares in the last quarter. World Investment Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 10.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares in the last quarter. Finally, Synovus Financial Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after buying an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.19 on Thursday. The stock has a market capitalization of $11.06 billion, a P/E ratio of 19.14 and a beta of 1.15. The business has a 50 day simple moving average of $28.38 and a two-hundred day simple moving average of $28.15. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28.

Schwab U.S. Mid-Cap ETF Company Profile

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.