Harbour Investments Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 212.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,505 shares of the company’s stock after purchasing an additional 28,241 shares during the quarter. Harbour Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Farmers & Merchants Investments Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th 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 period. Geneos Wealth Management Inc. increased its holdings 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. Truvestments Capital LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after acquiring an additional 656 shares during the period. Blume Capital Management Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after acquiring an additional 700 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after acquiring an additional 686 shares during the period.
Schwab U.S. Mid-Cap ETF Price Performance
NYSEARCA:SCHM opened at $26.44 on Wednesday. The firm’s fifty day moving average price is $28.10 and its 200 day moving average price is $28.12. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The firm has a market cap of $10.79 billion, a price-to-earnings 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.
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