Edge Capital Group LLC Buys 37,034 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Edge Capital Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,551 shares of the company’s stock after buying an additional 37,034 shares during the quarter. Edge Capital Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,539,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the period. Archer Investment Corp boosted its position 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 purchasing an additional 393 shares during the period. Schneider Downs Wealth Management Advisors LP boosted its position 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 worth $7,047,000 after purchasing an additional 421 shares during the period. Oldfather Financial Services LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.4% during the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after purchasing an additional 422 shares during the period. Finally, Waterfront Wealth Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after purchasing an additional 461 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 2.5 %

Shares of NYSEARCA:SCHM opened at $27.98 on Monday. The firm has a market capitalization of $4.01 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company has a 50-day moving average price of $28.46 and a two-hundred day moving average price of $28.08.

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.