Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by BLB&B Advisors LLC

BLB&B Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,399,500 shares of the company’s stock after purchasing an additional 925,578 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 2.0% of BLB&B Advisors LLC’s portfolio, making the stock its 12th biggest position. BLB&B Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $38,780,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHM. SOA Wealth Advisors LLC. boosted its position in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. SOA Wealth Advisors LLC. now owns 5,973 shares of the company’s stock valued at $166,000 after purchasing an additional 3,990 shares during the period. Arcataur Capital Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 196.0% in the fourth quarter. Arcataur Capital Management LLC now owns 146,327 shares of the company’s stock valued at $4,055,000 after buying an additional 96,895 shares during the last quarter. Appleton Partners Inc. MA lifted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Appleton Partners Inc. MA now owns 10,064 shares of the company’s stock valued at $279,000 after buying an additional 6,709 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $78,000. Finally, Archer Investment Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.5% during the fourth quarter. Archer Investment Corp now owns 1,241 shares of the company’s stock worth $34,000 after acquiring an additional 828 shares during the last quarter.

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

Shares of NYSEARCA:SCHM opened at $28.75 on Friday. The company’s 50-day moving average price is $28.65 and its 200 day moving average price is $27.87. The company has a market cap of $4.12 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28.

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.