Elwood & Goetz Wealth Advisory Group LLC Increases Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Elwood & Goetz Wealth Advisory Group LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 211.1% during the 4th quarter, Holdings Channel reports. The firm owned 1,060,763 shares of the company’s stock after purchasing an additional 719,823 shares during the period. Schwab U.S. Mid-Cap ETF makes up 7.2% of Elwood & Goetz Wealth Advisory Group LLC’s holdings, making the stock its 6th largest holding. Elwood & Goetz Wealth Advisory Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $29,394,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Wealthspire Advisors LLC increased its stake in Schwab U.S. Mid-Cap ETF by 350.6% in the fourth quarter. Wealthspire Advisors LLC now owns 165,319 shares of the company’s stock valued at $4,581,000 after acquiring an additional 128,629 shares during the last quarter. Lutz Financial Services LLC increased its stake in Schwab U.S. Mid-Cap ETF by 201.0% in the fourth quarter. Lutz Financial Services LLC now owns 565,267 shares of the company’s stock valued at $15,664,000 after acquiring an additional 377,454 shares during the last quarter. Denver PWM LLC increased its stake in Schwab U.S. Mid-Cap ETF by 178.2% in the fourth quarter. Denver PWM LLC now owns 568,894 shares of the company’s stock valued at $15,764,000 after acquiring an additional 364,434 shares during the last quarter. Curtis Advisory Group LLC increased its stake in Schwab U.S. Mid-Cap ETF by 171.3% in the fourth quarter. Curtis Advisory Group LLC now owns 15,365 shares of the company’s stock valued at $426,000 after acquiring an additional 9,701 shares during the last quarter. Finally, JBR Co Financial Management Inc increased its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. JBR Co Financial Management Inc now owns 25,110 shares of the company’s stock valued at $696,000 after acquiring an additional 16,740 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $27.98 on Friday. The company’s 50 day simple moving average is $28.46 and its 200 day simple moving average is $28.04. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.