HC Advisors LLC Purchases 68,921 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

HC Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 202.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 103,011 shares of the company’s stock after purchasing an additional 68,921 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 2.3% of HC Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. HC Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,854,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AWM Capital LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. AWM Capital LLC now owns 9,252 shares of the company’s stock worth $256,000 after purchasing an additional 6,168 shares in the last quarter. Schneider Downs Wealth Management Advisors LP raised its stake in Schwab U.S. Mid-Cap ETF by 239.6% during the 4th quarter. Schneider Downs Wealth Management Advisors LP now owns 287,999 shares of the company’s stock valued at $7,980,000 after purchasing an additional 203,188 shares during the period. Harfst & Associates Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 197.5% during the 4th quarter. Harfst & Associates Inc. now owns 25,176 shares of the company’s stock valued at $698,000 after purchasing an additional 16,713 shares during the period. Nwam LLC raised its stake in Schwab U.S. Mid-Cap ETF by 204.4% during the 4th quarter. Nwam LLC now owns 25,396 shares of the company’s stock valued at $704,000 after purchasing an additional 17,054 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at approximately $1,162,000.

Schwab U.S. Mid-Cap ETF Trading Down 1.3 %

Shares of SCHM opened at $27.58 on Friday. The business’s 50 day moving average is $28.43 and its 200 day moving average is $28.11. The company has a market capitalization of $11.22 billion, a PE ratio of 19.14 and a beta of 1.15. 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.