Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,806 shares of the company’s stock after acquiring an additional 5,199 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $216,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $30,000. 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. Massmutual Trust Co. FSB ADV acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $41,000. Hantz Financial Services Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares during the period. Finally, Global Wealth Strategies & Associates boosted its position in Schwab U.S. Mid-Cap ETF by 28.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $29.14 on Thursday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28. The firm has a market capitalization of $4.18 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a 50 day simple moving average of $28.71 and a 200 day simple moving average of $27.68.

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.