West Paces Advisors Inc. Buys 3,600 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

West Paces Advisors Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 276.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,900 shares of the company’s stock after acquiring an additional 3,600 shares during the quarter. West Paces Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Baltimore Washington Financial Advisors Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $2,658,000. WestHill Financial Advisors Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $28,000. Worth Asset Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Sound Income Strategies LLC raised its stake in Schwab U.S. Mid-Cap ETF by 77.1% in the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock valued at $32,000 after purchasing an additional 205 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after acquiring an additional 450 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.4 %

Shares of SCHM stock traded down $0.29 during trading hours on Tuesday, hitting $76.40. 315,130 shares of the company’s stock were exchanged, compared to its average volume of 316,424. The company has a market capitalization of $10.93 billion, a PE ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74. The business’s 50 day simple moving average is $78.34 and its 200-day simple moving average is $73.17.

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.