Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Raised by Wealth Group Ltd

Wealth Group Ltd raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,625 shares of the company’s stock after acquiring an additional 72,326 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 0.9% of Wealth Group Ltd’s investment portfolio, making the stock its 14th largest holding. Wealth Group Ltd owned 0.08% of Schwab U.S. Mid-Cap ETF worth $3,010,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Archer Investment Corp lifted its stake 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 valued at $34,000 after acquiring an additional 393 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $41,000. 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. Finally, Studio Investment Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $49,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

Schwab U.S. Mid-Cap ETF stock traded up $0.05 during trading hours on Wednesday, reaching $27.95. 1,252,861 shares of the company were exchanged, compared to its average volume of 1,312,712. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.17 and a 12 month high of $30.28. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a 50-day moving average of $28.73 and a 200 day 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.