Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Position Raised by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 192.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 35,703 shares of the company’s stock after buying an additional 23,486 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $989,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Archer Investment Corp increased its holdings in shares of 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 during the period. Hantz Financial Services Inc. increased its holdings 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 purchasing an additional 575 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at $66,000. Farmers & Merchants Investments Inc. increased its holdings in shares of 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 purchasing an additional 634 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in shares of 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 during the period.

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

NYSEARCA:SCHM opened at $29.07 on Wednesday. The business’s 50-day moving average price is $28.50 and its 200 day moving average price is $27.99. The firm has a market cap of $4.17 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week 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.