Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Archer Investment Corp

Archer Investment Corp increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,241 shares of the company’s stock after acquiring an additional 828 shares during the quarter. Archer Investment Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $34,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $486,000. Brookstone Capital Management grew its holdings in Schwab U.S. Mid-Cap ETF by 4.6% in the 3rd quarter. Brookstone Capital Management now owns 58,625 shares of the company’s stock valued at $4,871,000 after buying an additional 2,570 shares in the last quarter. Capital Insight Partners LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $202,000. PPS&V Asset Management Consultants Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 3rd quarter. PPS&V Asset Management Consultants Inc. now owns 79,180 shares of the company’s stock worth $6,579,000 after acquiring an additional 2,129 shares during the period. Finally, Watts Gwilliam & Co. LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $277,000.

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

Shares of SCHM opened at $28.75 on Friday. The firm has a 50-day moving average price of $28.65 and a 200 day moving average price of $27.87. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28. The firm has a market capitalization of $4.12 billion, a P/E ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company 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.