AMG National Trust Bank Buys 23,100 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

AMG National Trust Bank boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,650 shares of the company’s stock after acquiring an additional 23,100 shares during the quarter. AMG National Trust Bank’s holdings in Schwab U.S. Mid-Cap ETF were worth $960,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. lifted its position 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 acquiring an additional 634 shares in the last quarter. Geneos Wealth Management Inc. increased 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. Cordant Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after buying an additional 726 shares during the last quarter. Noble Wealth Management PBC acquired a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $30,000. Finally, Archer Investment Corp increased its stake in Schwab U.S. Mid-Cap ETF by 1,965.0% in the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.6 %

Shares of SCHM stock opened at $26.85 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 moving average price is $28.33 and its two-hundred day moving average price is $28.15. The firm has a market capitalization of $10.92 billion, a P/E ratio of 19.14 and a beta of 1.15.

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.