Aspen Investment Management Inc Acquires 15,099 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Aspen Investment Management Inc raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,799 shares of the company’s stock after buying an additional 15,099 shares during the quarter. Aspen Investment Management Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $632,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHM. Bush Investment Group LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC raised its holdings in shares of 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 valued at $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC raised its holdings in shares of 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 valued at $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares in the last quarter. Finally, Synovus Financial Corp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after buying an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $28.69 on Friday. The stock’s 50 day simple moving average is $28.49 and its 200 day simple moving average is $28.02. The company has a market cap of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28.

About Schwab U.S. Mid-Cap ETF

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.