Sigma Investment Counselors Inc. Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sigma Investment Counselors Inc. lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,829 shares of the company’s stock after buying an additional 27,134 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,131,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SCHM. Avior Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares in the last quarter. Archer Investment Corp boosted its position 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 purchasing an additional 393 shares in the last quarter. Schneider Downs Wealth Management Advisors LP boosted its position in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after purchasing an additional 421 shares in the last quarter. Oldfather Financial Services LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 2.4% during the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after buying an additional 422 shares in the last quarter. Finally, Waterfront Wealth Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after buying an additional 461 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $27.98 on Friday. The company’s fifty day moving average price is $28.46 and its 200 day moving average price is $28.04. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The company has a market capitalization of $4.01 billion, a PE ratio of 16.47 and a beta of 1.09.

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.