DecisionPoint Financial LLC Buys 4,951 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

DecisionPoint Financial LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,412 shares of the company’s stock after purchasing an additional 4,951 shares during the period. DecisionPoint Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $205,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Avior Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the last quarter. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth $30,000. Leisure Capital Management grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock worth $2,641,000 after purchasing an additional 379 shares in the last quarter. Archer Investment Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during 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. Finally, Schneider Downs Wealth Management Advisors LP increased its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after acquiring an additional 421 shares during the last quarter.

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

SCHM stock opened at $28.75 on Monday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The company has a fifty day simple moving average of $28.62 and a two-hundred day simple moving average of $27.89. The firm has a market capitalization of $4.12 billion, a P/E ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.