Paradigm Strategies in Wealth Management LLC Purchases 78,909 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Paradigm Strategies in Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 190.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 120,311 shares of the company’s stock after purchasing an additional 78,909 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 2.2% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 12th largest position. Paradigm Strategies in Wealth Management LLC owned 0.08% of Schwab U.S. Mid-Cap ETF worth $3,334,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHM. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Archer Investment Corp boosted its holdings in 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 in the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $41,000. Hantz Financial Services Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates lifted its position in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after purchasing an additional 161 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 1.3 %

Shares of SCHM opened at $28.49 on Thursday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.17 and a 1-year high of $30.28. The firm’s 50-day moving average price is $28.74 and its 200-day moving average price is $27.58. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.