WBH Advisory Inc. Purchases 54,145 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

WBH Advisory Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.8% during the 4th quarter, HoldingsChannel reports. The fund owned 81,513 shares of the company’s stock after buying an additional 54,145 shares during the quarter. WBH Advisory Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. Farmers & Merchants Investments Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares in the last quarter. Cordant Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after purchasing an additional 726 shares in the last quarter. Archer Investment Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after purchasing an additional 882 shares in the last quarter.

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

NYSEARCA SCHM opened at $28.89 on Monday. The stock’s 50 day moving average is $28.52 and its two-hundred day moving average is $27.97. The company has a market capitalization of $4.14 billion, a price-to-earnings 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.