Warner Financial Inc. Acquires 37,722 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Warner Financial Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,522 shares of the company’s stock after acquiring an additional 37,722 shares during the quarter. Warner Financial Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,566,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Advisory Alpha LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its stake in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc raised its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares during the period. Finally, Cerity Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after purchasing an additional 287,937 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.8 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.96 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28. The stock has a market capitalization of $4.15 billion, a P/E ratio of 16.47 and a beta of 1.09. The company has a 50-day simple moving average of $28.73 and a 200 day simple moving average of $27.75.

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.