Clear Investment Research LLC Buys 27,059 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Clear Investment Research LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,613 shares of the company’s stock after acquiring an additional 27,059 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.5% of Clear Investment Research LLC’s portfolio, making the stock its 16th biggest position. Clear Investment Research LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SCHM. Hantz Financial Services Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in 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 Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $66,000. Farmers & Merchants Investments Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in 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. Geneos Wealth Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares in the last quarter. Finally, Truvestments Capital LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $26.61 on Friday. The company has a market capitalization of $10.86 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. The stock has a 50-day moving average of $28.05 and a 200 day moving average of $28.10. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.