Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Cwm LLC

Cwm LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 95,918 shares of the company’s stock after purchasing an additional 4,646 shares during the period. Cwm LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,225,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Gradient Capital Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 0.7% during the 4th quarter. Gradient Capital Advisors LLC now owns 100,451 shares of the company’s stock valued at $7,566,000 after acquiring an additional 728 shares during the last quarter. Nicholas Hoffman & Company LLC. raised its stake in Schwab U.S. Mid-Cap ETF by 15.5% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock valued at $1,909,000 after acquiring an additional 3,410 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 20.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 12,226 shares of the company’s stock valued at $921,000 after acquiring an additional 2,110 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its stake in Schwab U.S. Mid-Cap ETF by 12.0% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 10,587 shares of the company’s stock valued at $797,000 after acquiring an additional 1,131 shares during the last quarter. Finally, American Financial Advisors LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at approximately $208,000.

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

NYSEARCA SCHM opened at $76.39 on Tuesday. The business’s 50 day moving average is $78.40 and its two-hundred day moving average is $73.51. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74. The stock has a market capitalization of $10.92 billion, a price-to-earnings ratio of 16.71 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.