Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 644,951 shares of the company’s stock after buying an additional 436,390 shares during the period. Schwab U.S. Mid-Cap ETF accounts for approximately 0.0% of Koshinski Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding. Koshinski Asset Management Inc. owned 0.45% of Schwab U.S. Mid-Cap ETF worth $17,872,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SCHM. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth about $30,000. Archer Investment Corp boosted its position 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. UMB Bank n.a. grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after buying an additional 882 shares in the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,476 shares of the company’s stock valued at $41,000 after acquiring an additional 984 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $28.82 on Tuesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.24 and a 1 year high of $30.28. The firm has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The stock has a fifty day moving average of $28.71 and a two-hundred day moving average of $27.66.

About Schwab U.S. Mid-Cap ETF

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.