Joule Financial LLC Increases Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Joule Financial LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,577 shares of the company’s stock after buying an additional 16,320 shares during the quarter. Joule Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHM. Bush Investment Group LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after buying an additional 673 shares during the period. Denver PWM LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares in the last quarter. Anchor Investment Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares in the last quarter. World Investment Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares during the period. Finally, Synovus Financial Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

NYSEARCA SCHM opened at $28.82 on Friday. The stock’s 50-day moving average price is $28.72 and its 200-day moving average price is $27.62. The company has a market capitalization of $4.13 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 $24.24 and a 52 week high of $30.28.

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.