Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Position Increased by Scarborough Advisors LLC

Scarborough Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 217.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 249,454 shares of the company’s stock after purchasing an additional 170,940 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 1.0% of Scarborough Advisors LLC’s holdings, making the stock its 26th biggest position. Scarborough Advisors LLC owned approximately 0.17% of Schwab U.S. Mid-Cap ETF worth $6,912,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $30,000. Archer Investment Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $66,000. Finally, Farmers & Merchants Investments Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after buying an additional 634 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

SCHM stock opened at $28.89 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s 50-day moving average is $28.53 and its two-hundred day moving average is $27.94.

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.