Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Holdings Lifted by DecisionPoint Financial LLC

DecisionPoint Financial LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,412 shares of the company’s stock after purchasing an additional 4,951 shares during the period. DecisionPoint Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $205,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Farmers & Merchants Investments Inc. lifted its stake 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 valued at $26,000 after acquiring an additional 634 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Archer Investment Corp increased its position 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 last quarter. Finally, UMB Bank n.a. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $28.75 on Monday. The stock has a 50-day moving average of $28.62 and a 200-day moving average of $27.89. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The company has a market cap of $4.12 billion, a PE ratio of 16.47 and a beta of 1.09.

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.