First National Bank of Mount Dora Trust Investment Services Buys 6,000 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,000 shares of the company’s stock after acquiring an additional 6,000 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in Schwab U.S. Mid-Cap ETF were worth $249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHM. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $30,000. Archer Investment Corp lifted its stake 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 purchasing an additional 393 shares during the period. Massmutual Trust Co. FSB ADV bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $41,000. Hantz Financial Services Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the period. Finally, Lowe Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 2,124 shares of the company’s stock worth $59,000 after purchasing an additional 1,416 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of NYSEARCA:SCHM opened at $28.82 on Friday. The firm’s 50 day moving average price is $28.72 and its 200-day moving average price is $27.61. The stock has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.24 and a twelve month high of $30.28.

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.