Choreo LLC Has $2.59 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Choreo LLC grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 226.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 93,625 shares of the company’s stock after buying an additional 64,978 shares during the quarter. Choreo LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,594,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Chandler Asset Management Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Chandler Asset Management Inc. now owns 53,760 shares of the company’s stock valued at $1,490,000 after buying an additional 35,913 shares in the last quarter. Money Concepts Capital Corp raised its position in shares of Schwab U.S. Mid-Cap ETF by 191.7% in the 4th quarter. Money Concepts Capital Corp now owns 298,728 shares of the company’s stock valued at $8,278,000 after buying an additional 196,330 shares in the last quarter. Country Club Bank increased its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Country Club Bank now owns 15,000 shares of the company’s stock worth $415,000 after purchasing an additional 10,000 shares in the last quarter. Stratos Wealth Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 198.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 28,002 shares of the company’s stock worth $776,000 after purchasing an additional 18,612 shares in the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $465,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $29.01 on Friday. The company has a 50 day simple moving average of $28.66 and a 200 day simple moving average of $27.86. The stock has a market cap of $4.16 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.