Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Chandler Asset Management Inc.

Chandler Asset Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,760 shares of the company’s stock after purchasing an additional 35,913 shares during the period. Schwab U.S. Mid-Cap ETF makes up 0.3% of Chandler Asset Management Inc.’s investment portfolio, making the stock its 14th largest holding. Chandler Asset Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Cordant Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Archer Investment Corp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after acquiring an additional 393 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $66,000. Finally, Geneos Wealth Management Inc. raised its stake in 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 valued at $27,000 after purchasing an additional 640 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.6 %

Shares of NYSEARCA:SCHM opened at $28.81 on Wednesday. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock’s 50-day moving average price is $28.70 and its two-hundred day moving average price is $27.84. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28.

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.