15,263 Shares in Schwab U.S. Mid-Cap ETF $SCHM Bought by World Investment Advisors

World Investment Advisors bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,263 shares of the company’s stock, valued at approximately $454,000.

A number of other hedge funds have also made changes to their positions in SCHM. Meridian Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1.1% during the 4th quarter. Meridian Wealth Management LLC now owns 241,069 shares of the company’s stock worth $7,249,000 after buying an additional 2,544 shares during the last quarter. Naples Global Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 3.9% in the 4th quarter. Naples Global Advisors LLC now owns 39,583 shares of the company’s stock valued at $1,190,000 after acquiring an additional 1,486 shares during the last quarter. Nwam LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 7.3% during the 4th quarter. Nwam LLC now owns 32,630 shares of the company’s stock valued at $1,044,000 after acquiring an additional 2,226 shares in the last quarter. Manning & Napier Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 35.7% during the 4th quarter. Manning & Napier Advisors LLC now owns 7,980 shares of the company’s stock valued at $242,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its position in Schwab U.S. Mid-Cap ETF by 4.6% during the fourth quarter. Koshinski Asset Management Inc. now owns 743,412 shares of the company’s stock worth $22,354,000 after acquiring an additional 32,563 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $34.18 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $26.45 and a 12-month high of $35.03. The company has a market capitalization of $14.35 billion, a PE ratio of 18.83 and a beta of 1.04. The firm’s 50-day moving average is $32.63 and its two-hundred day moving average is $31.60.

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.