37,234 Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Purchased by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 37,234 shares of the company’s stock, valued at approximately $1,032,000.

Other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. boosted 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. boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares during the period. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $30,000. Archer Investment Corp boosted its holdings in 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 buying an additional 393 shares during the period. Finally, UMB Bank n.a. raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $28.81 on Tuesday. 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 capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a fifty day moving average price of $28.62 and a 200-day moving average price of $27.90.

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.