WealthShield Partners LLC Acquires 71,143 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

WealthShield Partners LLC grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 210.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,969 shares of the company’s stock after acquiring an additional 71,143 shares during the period. WealthShield Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,909,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Archer Investment Corp grew its position in 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 worth $34,000 after acquiring an additional 393 shares in the last quarter. Hantz Financial Services Inc. grew its position 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 acquiring an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $66,000. Farmers & Merchants Investments Inc. grew its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 2.5 %

NYSEARCA SCHM opened at $27.98 on Monday. The company has a fifty day simple moving average of $28.46 and a 200 day simple moving average of $28.08. The company has a market cap of $4.01 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.