Collective Family Office LLC Increases Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Collective Family Office LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 183.7% during the 4th quarter, Holdings Channel reports. The firm owned 67,307 shares of the company’s stock after purchasing an additional 43,583 shares during the quarter. Collective Family Office LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,865,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SCHM. Benchmark Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 232.7% during the fourth quarter. Benchmark Wealth Management LLC now owns 52,059 shares of the company’s stock worth $1,443,000 after acquiring an additional 36,410 shares during the period. Bank of New Hampshire raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Bank of New Hampshire now owns 5,115 shares of the company’s stock worth $142,000 after purchasing an additional 3,410 shares during the period. Bangor Savings Bank boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.6% in the 4th quarter. Bangor Savings Bank now owns 623,035 shares of the company’s stock worth $17,264,000 after buying an additional 415,760 shares during the last quarter. Burkett Financial Services LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 197.0% in the 4th quarter. Burkett Financial Services LLC now owns 89,336 shares of the company’s stock worth $2,476,000 after buying an additional 59,261 shares during the last quarter. Finally, Boltwood Capital Management increased its holdings in Schwab U.S. Mid-Cap ETF by 199.5% during the fourth quarter. Boltwood Capital Management now owns 73,294 shares of the company’s stock worth $2,031,000 after buying an additional 48,820 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded down $0.10 during midday trading on Wednesday, reaching $27.80. The company had a trading volume of 266,923 shares, compared to its average volume of 1,105,019. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28. The business has a 50-day moving average price of $28.73 and a two-hundred day moving average price of $27.50. The stock has a market cap of $3.99 billion, a PE ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF 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.