Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Marshall Financial Group Inc. ADV

Marshall Financial Group Inc. ADV raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 641,834 shares of the company’s stock after buying an additional 427,995 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 5.4% of Marshall Financial Group Inc. ADV’s portfolio, making the stock its 10th largest position. Marshall Financial Group Inc. ADV owned approximately 0.45% of Schwab U.S. Mid-Cap ETF worth $17,785,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares in the last quarter. Cordant Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $30,000. Archer Investment Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. UMB Bank n.a. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after purchasing an additional 882 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $41,000.

Schwab U.S. Mid-Cap ETF Stock Down 2.8 %

Schwab U.S. Mid-Cap ETF stock opened at $28.38 on Monday. The company has a 50 day moving average of $28.73 and a 200-day moving average of $27.82. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28. The stock has a market capitalization of $4.07 billion, a PE ratio of 16.47 and a beta of 1.09.

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.