Harfst & Associates Inc. Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Harfst & Associates Inc. raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,176 shares of the company’s stock after acquiring an additional 16,713 shares during the period. Harfst & Associates Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $698,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after acquiring an additional 357 shares in the last quarter. Archer Investment Corp boosted its stake in shares of 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 worth $34,000 after acquiring an additional 393 shares in the last quarter. Schneider Downs Wealth Management Advisors LP boosted its stake in shares of 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 worth $7,047,000 after acquiring an additional 421 shares in the last quarter. Oldfather Financial Services LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the 3rd quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after acquiring an additional 422 shares in the last quarter. Finally, Waterfront Wealth Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after acquiring an additional 461 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.3 %

SCHM stock opened at $27.94 on Thursday. The company’s 50-day simple moving average is $28.43 and its 200-day simple moving average is $28.11. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28. The firm has a market cap of $11.36 billion, a P/E ratio of 19.14 and a beta of 1.15.

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.