Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Noble Family Wealth LLC’s 7th Largest Position

Noble Family Wealth LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 174.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 670,807 shares of the company’s stock after buying an additional 426,626 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 5.1% of Noble Family Wealth LLC’s portfolio, making the stock its 7th biggest holding. Noble Family Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $18,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHM. Cordant Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Archer Investment Corp boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the period. Massmutual Trust Co. FSB ADV bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth 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 purchasing an additional 575 shares during the period. Finally, Global Wealth Strategies & Associates lifted its holdings in Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after buying an additional 161 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.9 %

Shares of SCHM stock traded up $0.24 during trading hours on Monday, reaching $27.86. The company’s stock had a trading volume of 1,131,532 shares, compared to its average volume of 1,276,332. The firm’s fifty day simple moving average is $28.74 and its 200 day simple moving average is $27.54. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28. The stock has a market capitalization of $3.99 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.