Mather Group LLC. Purchases 73,028 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Mather Group LLC. raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 188.3% during the 4th quarter, Holdings Channel reports. The fund owned 111,821 shares of the company’s stock after purchasing an additional 73,028 shares during the period. Mather Group LLC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,099,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $30,000. Archer Investment Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during 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 purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $41,000. Hantz Financial Services Inc. raised its position 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 acquiring an additional 575 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $66,000.

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

SCHM opened at $28.64 on Tuesday. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s fifty day simple moving average is $28.73 and its two-hundred day simple moving average is $27.83. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.54 and a 52-week high of $30.28.

About Schwab U.S. Mid-Cap ETF

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.