Carolina Wealth Advisors LLC Acquires 93,462 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Carolina Wealth Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 173.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 147,394 shares of the company’s stock after buying an additional 93,462 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 2.2% of Carolina Wealth Advisors LLC’s portfolio, making the stock its 18th biggest position. Carolina Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,084,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at $30,000. Archer Investment Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000. Hantz Financial Services Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates boosted its position in shares of Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $28.49 on Thursday. The company has a market cap of $4.08 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The stock has a 50 day simple moving average of $28.74 and a two-hundred day simple moving average of $27.58.

Schwab U.S. Mid-Cap ETF 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.