Global Wealth Strategies & Associates Has $61,000 Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Global Wealth Strategies & Associates increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.3% during the fourth quarter, Holdings Channel reports. The fund owned 2,207 shares of the company’s stock after acquiring an additional 1,472 shares during the quarter. Global Wealth Strategies & Associates’ holdings in Schwab U.S. Mid-Cap ETF were worth $61,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at $25,000. Chilton Capital Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $30,000. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $30,000. Archer Investment Corp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $41,000.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock traded down $0.08 during trading hours on Thursday, hitting $27.63. The company had a trading volume of 966,970 shares, compared to its average volume of 956,817. The firm’s fifty day moving average is $28.73 and its 200-day moving average is $27.44. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The firm has a market capitalization of $3.96 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.