Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Addison Advisors LLC

Addison Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,682 shares of the company’s stock after purchasing an additional 1,788 shares during the period. Addison Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $74,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after buying an additional 357 shares during the period. Archer Investment Corp boosted its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the period. Schneider Downs Wealth Management Advisors LP boosted its stake in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after buying an additional 421 shares during the period. Oldfather Financial Services LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 2.4% during the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after buying an additional 422 shares during the period. Finally, Waterfront Wealth Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after buying an additional 461 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $27.85 on Wednesday. The firm has a 50 day simple moving average of $28.44 and a 200-day simple 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. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15.

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.