Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Hilltop Wealth Advisors LLC

Hilltop Wealth Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 187.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 165,300 shares of the company’s stock after acquiring an additional 107,845 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 2.3% of Hilltop Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Hilltop Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,580,000 as of its most recent SEC filing.

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

Schwab U.S. Mid-Cap ETF Stock Down 0.2 %

Shares of NYSEARCA:SCHM traded down $0.06 during trading on Wednesday, hitting $27.84. 353,675 shares of the stock traded hands, compared to its average volume of 1,128,369. The company has a fifty day moving average price of $28.73 and a two-hundred day moving average price of $27.50. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.