Alpha Omega Wealth Management LLC Has $3.87 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Alpha Omega Wealth Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 139,699 shares of the company’s stock after acquiring an additional 92,928 shares during the quarter. Alpha Omega Wealth Management LLC owned approximately 0.10% of Schwab U.S. Mid-Cap ETF worth $3,871,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its position 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 valued at $27,000 after acquiring an additional 640 shares during the period. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Archer Investment Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. UMB Bank n.a. grew its holdings in 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 worth $37,000 after purchasing an additional 882 shares during the period. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $41,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.94 on Friday. The business has a fifty day simple moving average of $28.75 and a two-hundred day simple moving average of $27.80. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year high of $30.28. The company has a market capitalization of $4.15 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.