Savvy Advisors Inc. Raises Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Savvy Advisors Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 329.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,652 shares of the company’s stock after acquiring an additional 27,352 shares during the period. Savvy Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $988,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Von Berge Wealth Management Group LLC lifted its position in Schwab U.S. Mid-Cap ETF by 0.4% during the fourth quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock valued at $3,368,000 after purchasing an additional 426 shares during the last quarter. Waterfront Wealth Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock valued at $1,822,000 after buying an additional 461 shares in the last quarter. Oarsman Capital Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock worth $26,000 after acquiring an additional 622 shares during the last quarter. Farmers & Merchants Investments Inc. grew its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after acquiring an additional 640 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.3 %

NYSEARCA SCHM opened at $24.36 on Monday. The stock’s 50-day simple moving average is $26.82 and its two-hundred day simple moving average is $27.91. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28. The company has a market capitalization of $9.94 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a $0.0776 dividend. The ex-dividend date was Wednesday, March 26th.

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.