Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Ballast Advisors LLC

Ballast Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 170.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,987 shares of the company’s stock after buying an additional 4,399 shares during the period. Ballast Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $194,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. grew its holdings in 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 purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. grew its stake 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 acquiring an additional 640 shares in the last quarter. Truvestments Capital LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after acquiring an additional 656 shares during the last quarter. Blume Capital Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after acquiring an additional 700 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after acquiring an additional 686 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.7 %

Shares of NYSEARCA SCHM opened at $26.61 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28. The business has a 50 day moving average price of $28.05 and a two-hundred day moving average price of $28.10. The firm has a market cap of $10.86 billion, a PE ratio of 18.04 and a beta of 1.16.

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.