Stokes Family Office LLC Buys 45,927 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stokes Family Office LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 218.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,966 shares of the company’s stock after acquiring an additional 45,927 shares during the period. Stokes Family Office LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,856,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of SCHM. Farmers & Merchants Investments Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after buying an additional 634 shares during the period. Geneos Wealth Management Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares during the period. Truvestments Capital LLC raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after buying an additional 656 shares during the period. Blume Capital Management Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after buying an additional 700 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after buying an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.8 %

NYSEARCA:SCHM opened at $26.44 on Wednesday. The stock’s 50 day moving average price is $28.10 and its two-hundred day moving average price is $28.12. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month 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.