Oakwell Private Wealth Management LLC Acquires 11,716 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Oakwell Private Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 184.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,063 shares of the company’s stock after acquiring an additional 11,716 shares during the quarter. Oakwell Private Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $501,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Avior Wealth Management LLC increased its position 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. Archer Investment Corp raised its position in shares of 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 valued at $34,000 after buying an additional 393 shares in the last quarter. Schneider Downs Wealth Management Advisors LP raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 84,811 shares of the company’s stock valued at $7,047,000 after buying an additional 421 shares in the last quarter. Oldfather Financial Services LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the 3rd quarter. Oldfather Financial Services LLC now owns 17,891 shares of the company’s stock worth $1,487,000 after acquiring an additional 422 shares during the last quarter. Finally, Waterfront Wealth Inc. grew its position in Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock worth $1,822,000 after acquiring an additional 461 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.2 %

SCHM opened at $27.85 on Wednesday. The business’s fifty day simple moving average is $28.43 and its 200 day simple moving average is $28.11. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The stock has a market cap of $11.33 billion, a PE ratio of 19.14 and a beta of 1.15.

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.