Heritage Wealth Partners LLC Increases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Heritage Wealth Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,962 shares of the company’s stock after acquiring an additional 9,995 shares during the period. Heritage Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $415,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SCHM. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $30,000. Archer Investment Corp grew 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 during the period. Massmutual Trust Co. FSB ADV purchased a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $41,000. Hantz Financial Services Inc. lifted its holdings 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 buying an additional 575 shares during the period. Finally, Lowe Wealth Advisors LLC boosted 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 buying an additional 1,416 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock traded up $0.24 during mid-day trading on Monday, reaching $27.86. 1,131,222 shares of the stock traded hands, compared to its average volume of 1,271,049. The stock has a market capitalization of $3.99 billion, a PE ratio of 16.47 and a beta of 1.09. The business’s 50-day moving average is $28.74 and its 200-day moving average is $27.54. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-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.