Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Athena Investment Management

Athena Investment Management raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,013 shares of the company’s stock after acquiring an additional 53,103 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 1.3% of Athena Investment Management’s portfolio, making the stock its 11th largest position. Athena Investment Management owned approximately 0.06% of Schwab U.S. Mid-Cap ETF worth $2,189,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Advisory Alpha LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the period. Legacy Wealth Management Inc boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc lifted its position in Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares during the period. HighTower Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after purchasing an additional 82,365 shares during the period. Finally, JMG Financial Group Ltd. lifted its position in Schwab U.S. Mid-Cap ETF by 196.9% in the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after purchasing an additional 1,910,992 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 1.1 %

Shares of NYSEARCA:SCHM opened at $27.89 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 cap of $11.34 billion, a P/E ratio of 19.14 and a beta of 1.15. The company has a 50-day moving average price of $28.43 and a 200 day moving average price of $28.12.

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.