DecisionPoint Financial LLC Acquires New Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

DecisionPoint Financial LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,435 shares of the company’s stock, valued at approximately $183,000.

A number of other large investors have also recently added to or reduced their stakes in SCHM. Perigon Wealth Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after buying an additional 136 shares during the period. Carnegie Capital Asset Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.5% during the 4th quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock worth $422,000 after acquiring an additional 136 shares in the last quarter. Sawgrass Asset Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after purchasing an additional 150 shares during the last quarter. Arlington Financial Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the fourth quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after purchasing an additional 168 shares during the last quarter. Finally, Greenwood Gearhart Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 3.6% in the third quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock worth $335,000 after purchasing an additional 170 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock traded down $0.16 during mid-day trading on Wednesday, reaching $76.24. The company’s stock had a trading volume of 212,530 shares, compared to its average volume of 314,651. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The business’s 50 day simple moving average is $78.38 and its 200 day simple moving average is $73.23. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09.

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.