Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 204.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,036 shares of the company’s stock after acquiring an additional 44,331 shares during the period. Beaumont Financial Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,830,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cordant Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Archer Investment Corp boosted its position in shares of 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 worth $34,000 after buying an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000. Hantz Financial Services Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates raised its position in Schwab U.S. Mid-Cap ETF by 28.0% during the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after acquiring an additional 161 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $29.24 on Wednesday. The firm’s 50-day moving average is $28.71 and its two-hundred day moving average is $27.66. The company has a market capitalization of $4.19 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month 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.