Heritage Wealth Partners LLC Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Heritage Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,962 shares of the company’s stock after acquiring an additional 9,995 shares during the period. Heritage Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $415,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Archer Investment Corp increased its position 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 valued at $34,000 after acquiring an additional 393 shares during the period. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $41,000. Hantz Financial Services Inc. grew its stake in shares of 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 worth $51,000 after purchasing an additional 575 shares during the last quarter. Finally, Lowe Wealth Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 2,124 shares of the company’s stock valued at $59,000 after purchasing an additional 1,416 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.9 %

Shares of SCHM traded up $0.24 during mid-day trading on Monday, hitting $27.86. 1,131,222 shares of the company’s stock traded hands, compared to its average volume of 1,271,049. The firm has a market capitalization of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s 50-day moving average price is $28.74 and its 200-day moving average price is $27.54. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year 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.