Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 315.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,289,294 shares of the company’s stock after buying an additional 978,642 shares during the quarter. Jones Financial Companies Lllp’s holdings in Schwab U.S. Mid-Cap ETF were worth $35,726,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHM. Archer Investment Corp lifted its position 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. Hantz Financial Services Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $66,000. Farmers & Merchants Investments Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after buying an additional 640 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.1 %

Schwab U.S. Mid-Cap ETF stock opened at $27.89 on Friday. The firm’s 50-day simple moving average is $28.43 and its 200 day simple moving average is $28.14. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The firm has a market capitalization of $11.34 billion, a PE ratio of 19.14 and a beta of 1.15.

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.