One Day In July LLC Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

One Day In July LLC grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, HoldingsChannel reports. The firm owned 7,875 shares of the company’s stock after buying an additional 5,250 shares during the quarter. One Day In July LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of SCHM. Farmers & Merchants Investments Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after buying an additional 640 shares during the period. Cordant Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock worth $30,000 after buying an additional 726 shares during the period. Archer Investment Corp raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the period. Finally, UMB Bank n.a. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.69 on Friday. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a 50 day simple moving average of $28.49 and a 200-day simple moving average of $28.02. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28.

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.