Vicus Capital Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Vicus Capital raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 182.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,929 shares of the company’s stock after buying an additional 12,868 shares during the period. Vicus Capital’s holdings in Schwab U.S. Mid-Cap ETF were worth $552,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares during the period. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $30,000. Archer Investment Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the period. Schneider Downs Wealth Management Advisors LP increased its stake in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after acquiring an additional 421 shares during the period. Finally, Oldfather Financial Services LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after acquiring an additional 422 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.89 on Friday. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The company’s 50-day simple moving average is $28.53 and its 200-day simple moving average is $27.94. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company 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.