Armor Investment Advisors LLC Buys 40,259 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Armor Investment Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 191.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 61,249 shares of the company’s stock after purchasing an additional 40,259 shares during the quarter. Armor Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,697,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $30,000. Archer Investment Corp lifted its position in 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 valued at $34,000 after purchasing an additional 393 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third 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 last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $66,000. Finally, Farmers & Merchants Investments Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.81 on Tuesday. The company has a market cap of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The business has a 50 day moving average of $28.62 and a 200 day moving average of $27.90. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28.

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.