PCA Investment Advisory Services Inc. Buys 74,392 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

PCA Investment Advisory Services Inc. lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 190.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 113,545 shares of the company’s stock after acquiring an additional 74,392 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 1.5% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 15th largest position. PCA Investment Advisory Services Inc. owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $3,146,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after buying an additional 82,365 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after buying an additional 574,475 shares during the last quarter. Cerity Partners LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after acquiring an additional 287,937 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock worth $57,256,000 after acquiring an additional 23,876 shares during the last quarter.

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

Shares of SCHM stock opened at $27.86 on Tuesday. The firm has a market capitalization of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28. The firm’s fifty day simple moving average is $28.75 and its 200 day simple moving average is $27.56.

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.