Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by PPS&V Asset Management Consultants Inc.

PPS&V Asset Management Consultants Inc. raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 236,055 shares of the company’s stock after purchasing an additional 156,875 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 4.4% of PPS&V Asset Management Consultants Inc.’s portfolio, making the stock its 8th biggest position. PPS&V Asset Management Consultants Inc. owned approximately 0.16% of Schwab U.S. Mid-Cap ETF worth $6,541,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of SCHM. Bank of New York Mellon Corp increased its stake in Schwab U.S. Mid-Cap ETF by 53.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after buying an additional 2,074 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth $71,000. GHP Investment Advisors Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 2.0% in the 2nd quarter. GHP Investment Advisors Inc. now owns 12,868 shares of the company’s stock valued at $1,001,000 after purchasing an additional 254 shares during the period. Parallel Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 6.8% in the 2nd quarter. Parallel Advisors LLC now owns 12,152 shares of the company’s stock valued at $946,000 after purchasing an additional 779 shares during the period. Finally, Thoroughbred Financial Services LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 3.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 12,521 shares of the company’s stock worth $974,000 after purchasing an additional 381 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.8 %

Shares of NYSEARCA:SCHM traded up $0.23 during midday trading on Monday, reaching $27.85. The company had a trading volume of 1,124,314 shares, compared to its average volume of 1,263,086. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28. The company’s 50 day moving average price is $28.74 and its 200 day moving average price is $27.54. The stock has a market cap of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.