Family Investment Center Inc. Raises Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Family Investment Center Inc. grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 187.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 170,372 shares of the company’s stock after buying an additional 111,106 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.2% of Family Investment Center Inc.’s holdings, making the stock its 22nd largest holding. Family Investment Center Inc. owned about 0.12% of Schwab U.S. Mid-Cap ETF worth $4,721,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bush Investment Group LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after buying an additional 673 shares during the last quarter. Denver PWM LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.8% during the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after acquiring an additional 5,553 shares during the period. Anchor Investment Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after acquiring an additional 1,136 shares during the period. World Investment Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after acquiring an additional 747 shares during the period. Finally, Synovus Financial Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after acquiring an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.9 %

Shares of SCHM opened at $28.94 on Monday. The firm has a market cap of $4.15 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock’s 50 day moving average is $28.73 and its two-hundred day moving average is $27.82. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 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.