World Investment Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 10.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,893 shares of the company’s stock after buying an additional 747 shares during the quarter. World Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $656,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $25,000. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Archer Investment Corp lifted its stake in shares of 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 worth $34,000 after buying an additional 393 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $41,000. Finally, Studio Investment Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $49,000.
Schwab U.S. Mid-Cap ETF Stock Up 1.3 %
Shares of SCHM stock opened at $28.04 on Monday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28. The company has a market capitalization of $4.02 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50 day moving average price of $28.73 and a two-hundred day moving average price of $27.47.
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.
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