Hilltop Wealth Advisors LLC Acquires 107,845 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Hilltop Wealth Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 187.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 165,300 shares of the company’s stock after acquiring an additional 107,845 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 2.3% of Hilltop Wealth Advisors LLC’s holdings, making the stock its 10th largest holding. Hilltop Wealth Advisors LLC owned 0.12% of Schwab U.S. Mid-Cap ETF worth $4,580,000 as of its most recent SEC filing.

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

Schwab U.S. Mid-Cap ETF Stock Down 0.2 %

Shares of NYSEARCA:SCHM traded down $0.06 during trading on Wednesday, hitting $27.84. The stock had a trading volume of 353,675 shares, compared to its average volume of 1,128,369. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a 50-day simple moving average of $28.73 and a two-hundred day simple moving average of $27.50.

Schwab U.S. Mid-Cap ETF 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.