Wilmington Savings Fund Society FSB Has $67,000 Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Wilmington Savings Fund Society FSB raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,400 shares of the company’s stock after buying an additional 1,600 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Schwab U.S. Mid-Cap ETF were worth $67,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cordant Inc. acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Archer Investment Corp raised its position 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 purchasing an additional 393 shares during the period. Hantz Financial Services Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock worth $27,000 after purchasing an additional 640 shares during the period. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth about $110,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $28.82 on Friday. The firm has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock’s 50-day moving average is $28.55 and its 200-day moving average is $27.94. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one 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.