Hill Island Financial LLC Acquires 13,556 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Hill Island Financial LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 20,334 shares of the company’s stock after buying an additional 13,556 shares during the quarter. Hill Island Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Von Berge Wealth Management Group LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.4% during the fourth quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock valued at $3,368,000 after purchasing an additional 426 shares in the last quarter. Waterfront Wealth Inc. lifted 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 valued at $1,822,000 after purchasing an additional 461 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 3.5% during the third quarter. Kingsview Wealth Management LLC now owns 15,197 shares of the company’s stock valued at $1,263,000 after purchasing an additional 514 shares in the last quarter. MML Investors Services LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.4% during the third quarter. MML Investors Services LLC now owns 137,556 shares of the company’s stock valued at $11,430,000 after purchasing an additional 560 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $26.50 on Friday. 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 $10.81 billion, a P/E ratio of 18.04 and a beta of 1.16. The firm’s 50 day simple moving average is $28.03 and its two-hundred day simple moving average is $28.11.

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.