Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Compass Ion Advisors LLC

Compass Ion Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 182.3% in the fourth quarter, HoldingsChannel reports. The firm owned 32,481 shares of the company’s stock after acquiring an additional 20,977 shares during the period. Compass Ion Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $900,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHM. Hantz Financial Services Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth about $66,000. Farmers & Merchants Investments Inc. raised its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 acquiring an additional 640 shares during the last quarter. Finally, Truvestments Capital LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock valued at $27,000 after acquiring an additional 656 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $26.44 on Wednesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The company has a market capitalization of $10.79 billion, a P/E ratio of 18.04 and a beta of 1.16. The company’s 50 day simple moving average is $28.10 and its 200 day simple moving average is $28.12.

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.