Noble Family Wealth LLC Has $18.56 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Noble Family Wealth LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 174.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 670,807 shares of the company’s stock after buying an additional 426,626 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 5.1% of Noble Family Wealth LLC’s holdings, making the stock its 7th largest position. Noble Family Wealth LLC owned about 0.47% of Schwab U.S. Mid-Cap ETF worth $18,561,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Cordant Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $30,000. Archer Investment Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $41,000. Hantz Financial Services Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% during the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after buying an additional 575 shares during the period. Finally, Global Wealth Strategies & Associates lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 28.0% in the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after buying an additional 161 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.9 %

NYSEARCA:SCHM traded up $0.24 during mid-day trading on Monday, hitting $27.86. 1,131,532 shares of the stock traded hands, compared to its average volume of 1,276,332. The business’s 50-day moving average price is $28.74 and its 200 day moving average price is $27.54. The company has a market cap of $3.99 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.17 and a 12-month high of $30.28.

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.