Delta Financial Group Inc. Buys New Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Delta Financial Group Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 29,340 shares of the company’s stock, valued at approximately $813,000.

Other large investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the last quarter. Archer Investment Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares during the last quarter. Schneider Downs Wealth Management Advisors LP lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after purchasing an additional 421 shares during the last quarter. Oldfather Financial Services LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.4% during the third quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after purchasing an additional 422 shares during the period. Finally, Waterfront Wealth Inc. increased its holdings in shares of 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 purchasing an additional 461 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $27.98 on Friday. The stock has a market cap of $4.01 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50-day moving average of $28.46 and a 200-day moving average of $28.04. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28.

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.