Moisand Fitzgerald Tamayo LLC Purchases 187,278 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Moisand Fitzgerald Tamayo LLC increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 182.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 289,878 shares of the company’s stock after acquiring an additional 187,278 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.1% of Moisand Fitzgerald Tamayo LLC’s holdings, making the stock its 17th largest holding. Moisand Fitzgerald Tamayo LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,033,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares during the period. Geneos Wealth Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after acquiring an additional 640 shares during the period. Cordant Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after acquiring an additional 726 shares during the period. Archer Investment Corp lifted its stake 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 acquiring an additional 393 shares during the period. Finally, UMB Bank n.a. lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock valued at $37,000 after acquiring an additional 882 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $27.98 on Monday. The stock has a market capitalization of $4.01 billion, a P/E ratio of 16.47 and a beta of 1.09. The company’s 50-day simple moving average is $28.46 and its two-hundred day simple moving average is $28.08. 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 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.