Marshall Financial Group Inc. ADV Purchases 427,995 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Marshall Financial Group Inc. ADV grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 641,834 shares of the company’s stock after acquiring an additional 427,995 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 5.4% of Marshall Financial Group Inc. ADV’s holdings, making the stock its 10th biggest position. Marshall Financial Group Inc. ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $17,785,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Centaurus Financial Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% in the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after acquiring an additional 209 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the last quarter. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Leisure Capital Management grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after buying an additional 379 shares in the last quarter. Finally, Archer Investment Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after acquiring an additional 393 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

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

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.