Flagship Harbor Advisors LLC Acquires 33,484 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Flagship Harbor Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 212.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,210 shares of the company’s stock after purchasing an additional 33,484 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,364,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in 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 acquiring an additional 640 shares during 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 lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares in the last quarter. UMB Bank n.a. boosted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after buying an additional 882 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $41,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $29.20 on Monday. The stock has a 50 day moving average price of $28.73 and a 200-day moving average price of $27.75. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28. The company has a market capitalization of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.