American Financial & Tax Strategies Inc. Increases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

American Financial & Tax Strategies Inc. lifted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 202.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,644 shares of the company’s stock after acquiring an additional 5,786 shares during the period. American Financial & Tax Strategies Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Archer Investment Corp boosted its position in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after buying an additional 393 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after buying an additional 575 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $66,000. Finally, 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.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $29.01 on Friday. The company has a market capitalization of $4.16 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.64 and a 12 month high of $30.28. The firm’s fifty day simple moving average is $28.66 and its 200-day simple moving average is $27.86.

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.