Bleakley Financial Group LLC Raises Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Bleakley Financial Group LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 171.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 518,409 shares of the company’s stock after buying an additional 327,615 shares during the quarter. Bleakley Financial Group LLC owned about 0.36% of Schwab U.S. Mid-Cap ETF worth $14,365,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at $30,000. Archer Investment Corp raised its stake 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 acquiring an additional 393 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after acquiring an additional 575 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $66,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $29.00 on Thursday. The stock’s 50 day simple moving average is $28.68 and its 200 day simple moving average is $27.86. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year 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.