CHB Investment Group LLC Acquires 32,920 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

CHB Investment Group LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 189.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,318 shares of the company’s stock after purchasing an additional 32,920 shares during the quarter. CHB Investment Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,394,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SCHM. Bush Investment Group LLC increased its position in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares during the last quarter. World Investment Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 10.5% in the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares during the period. Finally, Synovus Financial Corp grew its position in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after buying an additional 7,626 shares in the last quarter.

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

Shares of SCHM opened at $27.86 on Tuesday. The stock’s 50-day moving average price is $28.75 and its 200 day moving average price is $27.56. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28.

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.