Continuum Wealth Advisors LLC Increases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Continuum Wealth Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 23,828 shares of the company’s stock after buying an additional 15,864 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 0.3% of Continuum Wealth Advisors LLC’s holdings, making the stock its 28th biggest position. Continuum Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $660,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Farmers & Merchants Investments Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th 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 last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of 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 worth $27,000 after acquiring an additional 640 shares during the last quarter. Cordant Inc. grew its stake in shares of 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 buying an additional 726 shares during the last quarter. Archer Investment Corp grew its position in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd 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. Finally, UMB Bank n.a. boosted its stake in shares of 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 during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $27.91 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The firm has a market cap of $11.35 billion, a PE ratio of 19.14 and a beta of 1.15. The firm’s 50 day simple moving average is $28.46 and its 200-day simple moving average is $28.08.

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.