Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Position Raised by Blume Capital Management Inc.

Blume Capital Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,050 shares of the company’s stock after acquiring an additional 700 shares during the period. Blume Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $29,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHM. Archer Investment Corp boosted its position 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 purchasing an additional 393 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at $66,000. Farmers & Merchants Investments Inc. grew its position in shares of 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 acquiring an additional 634 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after acquiring an additional 640 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 1.9 %

Schwab U.S. Mid-Cap ETF stock opened at $25.58 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 firm has a market capitalization of $10.40 billion, a price-to-earnings ratio of 19.14 and a beta of 1.15. The firm has a 50-day moving average price of $28.19 and a two-hundred day moving average price of $28.12.

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.