Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Boosted by Stephens Inc. AR

Stephens Inc. AR boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,612 shares of the company’s stock after purchasing an additional 5,076 shares during the quarter. Stephens Inc. AR’s holdings in Schwab U.S. Mid-Cap ETF were worth $211,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SCHM. Avior Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the period. Archer Investment Corp grew its stake 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 worth $34,000 after buying an additional 393 shares during the last quarter. Schneider Downs Wealth Management Advisors LP increased its position in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock worth $7,047,000 after buying an additional 421 shares during the period. Oldfather Financial Services LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 2.4% in the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock valued at $1,487,000 after buying an additional 422 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.0% during the third quarter. Verdence Capital Advisors LLC now owns 4,132 shares of the company’s stock valued at $343,000 after acquiring an additional 474 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $28.89 on Monday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The company has a 50-day simple moving average of $28.52 and a 200-day simple moving average of $27.97. The firm has a market capitalization of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.