Harbour Investments Inc. Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Harbour Investments Inc. boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 212.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,505 shares of the company’s stock after buying an additional 28,241 shares during the period. Harbour Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHM. HighTower Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock worth $279,249,000 after purchasing an additional 6,819,239 shares in the last quarter. Advisory Alpha LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $67,051,000. Finally, Fragasso Financial Advisors Inc boosted its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after purchasing an additional 2,234,519 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $26.44 on Wednesday. The firm has a market capitalization of $10.79 billion, a P/E ratio of 18.04 and a beta of 1.16. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The company’s fifty day moving average is $28.10 and its two-hundred day moving average is $28.12.

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.