Sentinel Pension Advisors Inc. Acquires 58,303 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sentinel Pension Advisors Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 158.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,028 shares of the company’s stock after acquiring an additional 58,303 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 0.5% of Sentinel Pension Advisors Inc.’s portfolio, making the stock its 29th biggest position. Sentinel Pension Advisors Inc. owned 0.07% of Schwab U.S. Mid-Cap ETF worth $2,633,000 as of its most recent SEC filing.

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

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

NYSEARCA:SCHM traded up $0.24 during trading hours on Monday, reaching $27.86. 1,131,549 shares of the company traded hands, compared to its average volume of 1,276,376. The business’s 50-day moving average price is $28.74 and its two-hundred 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. The stock has a market capitalization of $3.99 billion, a P/E 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.