Avidian Wealth Enterprises LLC grew its holdings in 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 Form 13F filing with the SEC. The institutional investor owned 62,909 shares of the company’s stock after purchasing an additional 41,941 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,743,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Cordant Inc. acquired 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 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 valued at $34,000 after buying an additional 393 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in 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. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $66,000. Finally, Farmers & Merchants Investments Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Down 0.5 %
Schwab U.S. Mid-Cap ETF stock opened at $28.67 on Wednesday. The business’s 50-day simple moving average is $28.60 and its 200 day simple moving average is $27.92. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28.
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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