Armstrong Advisory Group Inc. Increases Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Armstrong Advisory Group Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,442 shares of the company’s stock after acquiring an additional 17,628 shares during the period. Armstrong Advisory Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $733,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHM. Global Wealth Strategies & Associates increased its holdings in Schwab U.S. Mid-Cap ETF by 28.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after acquiring an additional 161 shares during the last quarter. Centaurus Financial Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the last quarter. Cordant Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $30,000. Finally, Leisure Capital Management boosted its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after buying an additional 379 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $28.49 on Thursday. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.17 and a 1-year high of $30.28. The business has a 50 day simple moving average of $28.74 and a two-hundred day simple moving average of $27.58. The stock has a market capitalization of $4.08 billion, a PE 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.