World Investment Advisors Makes New $459,000 Investment in Schwab U.S. Mid-Cap ETF $SCHM

World Investment Advisors acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 15,263 shares of the company’s stock, valued at approximately $459,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Accredited Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares during the last quarter. Fifth Third Bancorp bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $30,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $31,000. Ransom Advisory Ltd acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $32,000. Finally, International Assets Investment Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter valued at about $36,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.2%

Shares of NYSEARCA SCHM opened at $35.80 on Thursday. Schwab U.S. Mid-Cap ETF has a 1 year low of $27.52 and a 1 year high of $36.65. The firm’s 50-day moving average is $34.70 and its 200-day moving average is $32.65. The firm has a market capitalization of $15.03 billion, a PE ratio of 18.83 and a beta of 1.04.

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.