Valley Forge Investment Consultants Inc. ADV Buys 169,264 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Valley Forge Investment Consultants Inc. ADV grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 191.7% during the fourth quarter, Holdings Channel reports. The firm owned 257,576 shares of the company’s stock after acquiring an additional 169,264 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 2.5% of Valley Forge Investment Consultants Inc. ADV’s portfolio, making the stock its 7th biggest holding. Valley Forge Investment Consultants Inc. ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,137,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Von Berge Wealth Management Group LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 4th quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock valued at $3,368,000 after purchasing an additional 426 shares during the last quarter. Waterfront Wealth Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock valued at $1,822,000 after acquiring an additional 461 shares during the period. MML Investors Services LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. MML Investors Services LLC now owns 137,556 shares of the company’s stock worth $11,430,000 after acquiring an additional 560 shares during the period. Hantz Financial Services Inc. raised its position in 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 acquiring an additional 575 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after buying an additional 634 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $26.17 on Friday. The firm has a 50 day simple moving average of $27.86 and a 200-day simple moving average of $28.11. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 and a 1-year high of $30.28. The firm has a market cap of $10.68 billion, a PE ratio of 18.04 and a beta of 1.16.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.0776 per share. The ex-dividend date is Wednesday, March 26th.

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.