Morton Brown Family Wealth LLC Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Morton Brown Family Wealth LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,880 shares of the company’s stock after buying an additional 1,920 shares during the quarter. Morton Brown Family Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $80,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Archer Investment Corp increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. Hantz Financial Services Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $66,000. Farmers & Merchants Investments Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of 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 worth $27,000 after purchasing an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $28.89 on Tuesday. The stock’s fifty day moving average is $28.52 and its 200-day moving average is $27.97. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The firm has a market capitalization 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.