Benjamin F. Edwards & Company Inc. Acquires 5,013 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Benjamin F. Edwards & Company Inc. raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 102,640 shares of the company’s stock after acquiring an additional 5,013 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,731,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WestHill Financial Advisors Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $28,000. Fifth Third Bancorp raised its holdings in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares during the period. NBC Securities Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth $37,000. North Star Investment Management Corp. acquired a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $39,000. Finally, VisionPoint Advisory Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 10,957.1% in the third quarter. VisionPoint Advisory Group LLC now owns 774 shares of the company’s stock worth $52,000 after purchasing an additional 767 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.9 %

Shares of NYSEARCA:SCHM traded up $0.70 during midday trading on Friday, reaching $78.03. 1,148,422 shares of the company were exchanged, compared to its average volume of 328,519. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74. The stock has a fifty day simple moving average of $78.59 and a two-hundred day simple moving average of $74.05. The firm has a market cap of $11.19 billion, a PE ratio of 16.47 and a beta of 1.09.

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.