Warner Financial Inc. Has $1.57 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Warner Financial Inc. grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,522 shares of the company’s stock after purchasing an additional 37,722 shares during the quarter. Warner Financial Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,566,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Joseph P. Lucia & Associates LLC raised its position in Schwab U.S. Mid-Cap ETF by 190.8% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 77,709 shares of the company’s stock worth $2,153,000 after purchasing an additional 50,988 shares during the last quarter. Legacy Bridge LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Legacy Bridge LLC now owns 44,820 shares of the company’s stock valued at $1,242,000 after buying an additional 29,880 shares during the period. Slow Capital Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Slow Capital Inc. now owns 7,461 shares of the company’s stock worth $207,000 after acquiring an additional 4,974 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 183.1% during the fourth quarter. Foundations Investment Advisors LLC now owns 8,613 shares of the company’s stock valued at $239,000 after acquiring an additional 5,571 shares during the period. Finally, Parsons Capital Management Inc. RI raised its holdings in Schwab U.S. Mid-Cap ETF by 161.1% during the 4th quarter. Parsons Capital Management Inc. RI now owns 18,514 shares of the company’s stock worth $513,000 after purchasing an additional 11,422 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.8 %

Shares of NYSEARCA SCHM opened at $28.96 on Tuesday. The firm has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. The firm’s 50-day moving average is $28.73 and its 200-day moving average is $27.75. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year 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.