Snowden Capital Advisors LLC Acquires 5,416 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Snowden Capital Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,124 shares of the company’s stock after buying an additional 5,416 shares during the period. Snowden Capital Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $225,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHM. Wealth Group Ltd. lifted its position in Schwab U.S. Mid-Cap ETF by 199.3% in the 4th quarter. Wealth Group Ltd. now owns 108,625 shares of the company’s stock valued at $3,010,000 after acquiring an additional 72,326 shares in the last quarter. Capital & Planning LLC lifted its position in Schwab U.S. Mid-Cap ETF by 238.9% in the 4th quarter. Capital & Planning LLC now owns 113,779 shares of the company’s stock valued at $3,153,000 after acquiring an additional 80,208 shares in the last quarter. Ironwood Wealth Management LLC. lifted its position in Schwab U.S. Mid-Cap ETF by 238.5% in the 4th quarter. Ironwood Wealth Management LLC. now owns 68,273 shares of the company’s stock valued at $1,892,000 after acquiring an additional 48,102 shares in the last quarter. UMB Bank n.a. lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% in 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 in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock valued at $41,000 after acquiring an additional 984 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.3%

SCHM stock opened at $26.81 on Friday. The stock has a market capitalization of $11.14 billion, a PE ratio of 19.13 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28. The stock’s 50 day simple moving average is $25.79 and its 200 day simple moving average is $27.53.

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.