Harbour Investment Management LLC Has $337,000 Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Harbour Investment Management LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,164 shares of the company’s stock after purchasing an additional 8,109 shares during the quarter. Harbour Investment Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $337,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. grew its stake in 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 buying an additional 634 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares during the last quarter. Truvestments Capital LLC grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after buying an additional 656 shares during the last quarter. Blume Capital Management Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 200.0% in 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 during 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 buying an additional 686 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 2.6 %

NYSEARCA:SCHM opened at $26.25 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm’s fifty day simple moving average is $28.16 and its 200 day simple moving average is $28.11. The firm has a market capitalization of $10.71 billion, a PE ratio of 18.04 and a beta of 1.16.

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.