212,905 Shares in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Purchased by Tradewinds Capital Management LLC

Tradewinds Capital Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 212,905 shares of the company’s stock, valued at approximately $17,337,000. Schwab U.S. Mid-Cap ETF accounts for 4.8% of Tradewinds Capital Management LLC’s holdings, making the stock its 8th biggest holding.

Several other large investors have also recently added to or reduced their stakes in SCHM. Perigon Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock valued at $3,033,000 after buying an additional 136 shares in the last quarter. Carnegie Capital Asset Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock valued at $422,000 after buying an additional 136 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% in the fourth quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock valued at $87,000 after buying an additional 138 shares in the last quarter. Contravisory Investment Management Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 21.0% in the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after buying an additional 142 shares in the last quarter. Finally, Arlington Financial Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the fourth quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after buying an additional 168 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.3 %

NYSEARCA SCHM traded up $0.25 during mid-day trading on Wednesday, reaching $77.58. 115,805 shares of the company’s stock traded hands, compared to its average volume of 303,758. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The company has a fifty day simple moving average of $78.52 and a 200-day simple moving average of $77.35. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 16.47 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.