Silver Oak Securities Incorporated Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Silver Oak Securities Incorporated grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 185.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 201,092 shares of the company’s stock after buying an additional 130,559 shares during the period. Silver Oak Securities Incorporated’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,564,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its stake in 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 valued at $27,000 after purchasing an additional 640 shares during the last quarter. Cordant Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Archer Investment Corp lifted its stake in 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 valued at $34,000 after acquiring an additional 393 shares during the period. UMB Bank n.a. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock worth $41,000 after acquiring an additional 984 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $29.00 on Thursday. The company has a market capitalization of $4.16 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s 50-day moving average is $28.68 and its two-hundred day moving average is $27.86. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week 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.