Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Richardson Capital Management LLC

Richardson Capital Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 184.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 483,959 shares of the company’s stock after buying an additional 313,583 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 8.5% of Richardson Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Richardson Capital Management LLC owned 0.34% of Schwab U.S. Mid-Cap ETF worth $13,411,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after acquiring an additional 634 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the last quarter. Cordant Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after purchasing an additional 726 shares during the last quarter. Archer Investment Corp raised its position in shares of 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 purchasing an additional 393 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 2.5 %

NYSEARCA:SCHM opened at $27.98 on Friday. The firm has a market capitalization of $4.01 billion, a PE 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. The firm’s fifty day simple moving average is $28.46 and its 200 day simple moving average is $28.04.

Schwab U.S. Mid-Cap ETF Company 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.