Perissos Private Wealth Management LLC Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Perissos Private Wealth Management LLC increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,825 shares of the company’s stock after acquiring an additional 11,222 shares during the period. Perissos Private Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $466,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Archer Investment Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the period. Hantz Financial Services Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth approximately $66,000. Finally, Farmers & Merchants Investments Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.5 %

Shares of SCHM opened at $28.67 on Wednesday. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s fifty day simple moving average is $28.60 and its 200-day simple moving average is $27.92. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28.

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.