TPG Advisors LLC Purchases 16,644 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

TPG Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 219.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,212 shares of the company’s stock after purchasing an additional 16,644 shares during the period. TPG Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $671,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SCHM. Farmers & Merchants Investments Inc. increased its position in shares of 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 valued at $26,000 after acquiring an additional 634 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after acquiring an additional 640 shares during the last quarter. Cordant Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after acquiring an additional 726 shares during the last quarter. Noble Wealth Management PBC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $30,000. Finally, Archer Investment Corp increased its position in shares of 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.

Schwab U.S. Mid-Cap ETF Stock Up 1.1 %

Shares of NYSEARCA SCHM opened at $27.89 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The business’s 50 day moving average price is $28.43 and its two-hundred day moving average price is $28.12. The company has a market cap of $11.34 billion, a PE ratio of 19.14 and a beta of 1.15.

Schwab U.S. Mid-Cap ETF Company 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.