Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,715 shares of the company’s stock after purchasing an additional 51,205 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,126,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHM. Advisory Alpha LLC lifted its holdings in 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 buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth 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 during the last quarter. Fragasso Financial Advisors Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth 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 during the last quarter. Summit Financial Strategies Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 194.9% in the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after purchasing an additional 1,282,163 shares in the last quarter. Finally, Gemmer Asset Management LLC increased its stake in Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after purchasing an additional 1,027,320 shares during the last quarter.

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

Shares of NYSEARCA:SCHM opened at $28.89 on Monday. The firm has a 50 day simple moving average of $28.52 and a 200-day simple moving average of $27.97. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The company has a market capitalization of $4.14 billion, a PE 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.