Armbruster Capital Management Inc. Has $327,000 Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Armbruster Capital Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,795 shares of the company’s stock after buying an additional 7,855 shares during the period. Armbruster Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $327,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Archer Investment Corp lifted its stake in shares of 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 worth $34,000 after acquiring an additional 393 shares during the period. Massmutual Trust Co. FSB ADV acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $41,000. Hantz Financial Services Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares during the last quarter. Finally, Global Wealth Strategies & Associates increased its position in Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $29.20 on Monday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.54 and a 52-week high of $30.28. The firm has a 50 day moving average price of $28.73 and a two-hundred day moving average price of $27.75.

Schwab U.S. Mid-Cap ETF 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.