Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Perissos Private Wealth Management LLC

Perissos Private Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.3% in the fourth quarter, Holdings Channel reports. The firm owned 16,825 shares of the company’s stock after buying an additional 11,222 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after purchasing an additional 634 shares during the last quarter. Geneos Wealth Management Inc. raised its position in 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 worth $27,000 after buying an additional 640 shares during the last quarter. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $30,000. Archer Investment Corp increased 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 during the period. Finally, UMB Bank n.a. raised its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after purchasing an additional 882 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.5 %

Shares of NYSEARCA:SCHM opened at $28.67 on Wednesday. The company has a market cap of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09. The company has a 50-day moving average price of $28.60 and a 200 day moving average price of $27.92. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week 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.