Farmers & Merchants Investments Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 200.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 951 shares of the company’s stock after buying an additional 634 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $26,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $486,000. Shaker Investments LLC OH acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth $213,000. Koshinski Asset Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the third quarter. Koshinski Asset Management Inc. now owns 208,561 shares of the company’s stock valued at $17,329,000 after buying an additional 5,799 shares in the last quarter. CVA Family Office LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 39.1% during the third quarter. CVA Family Office LLC now owns 11,604 shares of the company’s stock valued at $964,000 after buying an additional 3,261 shares during the last quarter. Finally, Orca Investment Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 5.0% during the third quarter. Orca Investment Management LLC now owns 13,678 shares of the company’s stock worth $1,137,000 after acquiring an additional 654 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of NYSEARCA SCHM opened at $28.75 on Monday. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28. The firm’s 50-day simple moving average is $28.62 and its 200 day simple moving average is $27.89.
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.
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