Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Hendershot Investments Inc.

Hendershot Investments Inc. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 208.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,603 shares of the company’s stock after purchasing an additional 14,590 shares during the quarter. Hendershot Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $599,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHM. Bush Investment Group LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after buying an additional 673 shares in the last quarter. Denver PWM LLC increased its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after purchasing an additional 5,553 shares in the last quarter. Anchor Investment Management LLC increased its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares in the last quarter. World Investment Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the last quarter. Finally, Synovus Financial Corp boosted its position in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after purchasing an additional 7,626 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $28.75 on Friday. 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 fifty-two week low of $24.64 and a fifty-two week high of $30.28. The stock’s fifty day moving average is $28.65 and its two-hundred day moving average is $27.87.

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.