HB Wealth Management LLC Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

HB Wealth Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 332,633 shares of the company’s stock after buying an additional 221,986 shares during the period. HB Wealth Management LLC owned 0.23% of Schwab U.S. Mid-Cap ETF worth $9,217,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bush Investment Group LLC grew its stake in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.8% during the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after purchasing an additional 5,553 shares in the last quarter. Anchor Investment Management LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares in the last quarter. World Investment Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares in the last quarter. Finally, Synovus Financial Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after buying an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.4 %

NYSEARCA:SCHM opened at $28.82 on Friday. The firm has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock has a 50 day moving average of $28.72 and a two-hundred day moving average of $27.62. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.24 and a 12 month 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.