Pachira Investments Inc. Grows Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pachira Investments Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,014 shares of the company’s stock after acquiring an additional 12,034 shares during the quarter. Pachira Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $498,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHM. Farmers & Merchants Investments Inc. increased 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 worth $26,000 after acquiring an additional 634 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Schwab U.S. Mid-Cap ETF by 200.0% in 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 last quarter. Cordant Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $30,000. Archer Investment Corp raised its stake in 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 valued at $34,000 after purchasing an additional 393 shares in the last quarter. Finally, UMB Bank n.a. lifted its position 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 valued at $37,000 after purchasing an additional 882 shares during the last quarter.

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

Shares of NYSEARCA:SCHM opened at $28.81 on Tuesday. The firm has a fifty day simple moving average of $28.62 and a two-hundred day simple 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. The stock has a market capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.