Albion Financial Group UT Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Albion Financial Group UT boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,945 shares of the company’s stock after purchasing an additional 7,260 shares during the period. Albion Financial Group UT’s holdings in Schwab U.S. Mid-Cap ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SCHM. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the period. Missouri Trust & Investment Co grew its position in shares of Schwab U.S. Mid-Cap ETF by 239.8% in the fourth quarter. Missouri Trust & Investment Co now owns 302,615 shares of the company’s stock valued at $8,385,000 after purchasing an additional 213,569 shares in the last quarter. Dakota Wealth Management raised its stake in shares of Schwab U.S. Mid-Cap ETF by 197.1% during the 4th quarter. Dakota Wealth Management now owns 81,150 shares of the company’s stock valued at $2,249,000 after purchasing an additional 53,833 shares during the period. Davis Capital Management lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Davis Capital Management now owns 4,845 shares of the company’s stock worth $134,000 after purchasing an additional 3,230 shares in the last quarter. Finally, Simon Quick Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 200.6% in the 4th quarter. Simon Quick Advisors LLC now owns 20,925 shares of the company’s stock worth $580,000 after purchasing an additional 13,965 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 1.5 %

SCHM stock opened at $29.24 on Wednesday. The stock has a 50-day simple moving average of $28.71 and a two-hundred day simple moving average of $27.66. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The firm has a market capitalization of $4.19 billion, a PE ratio of 16.47 and a beta of 1.09.

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.