FCA Corp TX Boosts Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

FCA Corp TX raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,836 shares of the company’s stock after acquiring an additional 11,179 shares during the period. FCA Corp TX’s holdings in Schwab U.S. Mid-Cap ETF were worth $467,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Napatree Capital LLC grew its position in Schwab U.S. Mid-Cap ETF by 176.0% during the fourth quarter. Napatree Capital LLC now owns 98,862 shares of the company’s stock valued at $2,739,000 after acquiring an additional 63,043 shares during the period. Meridian Wealth Partners LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 197.0% during the fourth quarter. Meridian Wealth Partners LLC now owns 272,555 shares of the company’s stock worth $7,553,000 after purchasing an additional 180,786 shares in the last quarter. Hill Island Financial LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Hill Island Financial LLC now owns 20,334 shares of the company’s stock worth $563,000 after purchasing an additional 13,556 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 202.1% during the fourth quarter. LPL Financial LLC now owns 1,630,257 shares of the company’s stock worth $45,174,000 after purchasing an additional 1,090,600 shares in the last quarter. Finally, Optimum Investment Advisors lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 202.7% during the fourth quarter. Optimum Investment Advisors now owns 10,356 shares of the company’s stock worth $287,000 after purchasing an additional 6,935 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $26.50 on Friday. The stock’s 50-day moving average is $28.03 and its two-hundred day moving average is $28.11. The stock has a market cap of $10.81 billion, a PE 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.

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.