Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Fortis Capital Management LLC’s 10th Largest Position

Fortis Capital Management LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 215.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 365,402 shares of the company’s stock after acquiring an additional 249,745 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.9% of Fortis Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Fortis Capital Management LLC owned approximately 0.25% of Schwab U.S. Mid-Cap ETF worth $10,125,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Farmers & Merchants Investments Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares in the last quarter. Truvestments Capital LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after buying an additional 656 shares during the period. Blume Capital Management Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock valued at $29,000 after buying an additional 700 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock valued at $29,000 after acquiring an additional 686 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $26.50 on Friday. The firm has a market cap of $10.81 billion, a PE ratio of 18.04 and a beta of 1.16. 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 fifty day moving average of $28.03 and a 200 day moving average of $28.11.

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.