Flavin Financial Services Inc. Takes Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Flavin Financial Services Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,108 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. Mokosak Advisory Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 200.7% in the 4th quarter. Mokosak Advisory Group LLC now owns 1,029,564 shares of the company’s stock worth $28,529,000 after buying an additional 687,223 shares during the period. RBA Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 185.9% in the fourth quarter. RBA Wealth Management LLC now owns 13,067 shares of the company’s stock worth $362,000 after acquiring an additional 8,496 shares in the last quarter. Calamos Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 208.7% in the 4th quarter. Calamos Advisors LLC now owns 33,120 shares of the company’s stock worth $918,000 after buying an additional 22,391 shares during the last quarter. Columbus Macro LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,693.1% in the 4th quarter. Columbus Macro LLC now owns 137,659 shares of the company’s stock worth $3,815,000 after acquiring an additional 129,982 shares during the last quarter. Finally, Trust Point Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 113.5% in the 4th quarter. Trust Point Inc. now owns 482,688 shares of the company’s stock valued at $13,375,000 after purchasing an additional 256,593 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 1.0 %

SCHM stock opened at $28.64 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28. The firm’s 50-day moving average price is $28.73 and its two-hundred day moving average price is $27.83. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.