First National Corp MA ADV Buys 349,366 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

First National Corp MA ADV grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 218.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 509,400 shares of the company’s stock after acquiring an additional 349,366 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 3.2% of First National Corp MA ADV’s holdings, making the stock its 9th largest position. First National Corp MA ADV owned about 0.36% of Schwab U.S. Mid-Cap ETF worth $14,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Advisory Alpha LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc grew its stake in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc increased its holdings in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares during the period. HighTower Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after buying an additional 82,365 shares during the period. Finally, Cerity Partners LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after buying an additional 287,937 shares in the last quarter.

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

NYSEARCA SCHM opened at $28.75 on Monday. The firm’s 50 day simple moving average is $28.62 and its 200 day simple moving average is $27.89. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28.

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.