Stockman Wealth Management Inc. Grows Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stockman Wealth Management Inc. boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,361 shares of the company’s stock after buying an additional 7,559 shares during the quarter. Stockman Wealth Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Avior Wealth Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after buying an additional 357 shares during the last quarter. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Leisure Capital Management boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after acquiring an additional 379 shares during the period. Archer Investment Corp boosted its stake 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 valued at $34,000 after buying an additional 393 shares during the period. Finally, Schneider Downs Wealth Management Advisors LP boosted its stake in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after buying an additional 421 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $28.75 on Friday. The stock has a fifty day moving average of $28.62 and a 200 day moving average of $27.89. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.