Asset Advisors Investment Management LLC Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Asset Advisors Investment Management LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 180.0% during the fourth quarter, Holdings Channel reports. The firm owned 100,880 shares of the company’s stock after acquiring an additional 64,845 shares during the period. Asset Advisors Investment Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,795,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 119.7% during the third quarter. Blue Trust Inc. now owns 2,061 shares of the company’s stock worth $160,000 after purchasing an additional 1,123 shares during the last quarter. Raymond James & Associates grew its position in Schwab U.S. Mid-Cap ETF by 5.6% during the 3rd quarter. Raymond James & Associates now owns 174,372 shares of the company’s stock worth $14,489,000 after purchasing an additional 9,243 shares during the period. Bristlecone Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 4.2% during the 3rd quarter. Bristlecone Advisors LLC now owns 37,477 shares of the company’s stock valued at $3,114,000 after buying an additional 1,511 shares during the last quarter. Kavar Capital Partners Group LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.3% in the 3rd quarter. Kavar Capital Partners Group LLC now owns 83,128 shares of the company’s stock valued at $6,907,000 after buying an additional 1,863 shares during the period. Finally, Family Investment Center Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Family Investment Center Inc. now owns 59,266 shares of the company’s stock valued at $4,924,000 after buying an additional 715 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 2.5 %

Schwab U.S. Mid-Cap ETF stock opened at $27.98 on Monday. The business’s 50-day moving average price is $28.46 and its 200 day moving average price is $28.08. The firm has a market cap 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 52 week low of $24.64 and a 52 week high of $30.28.

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.