Lederer & Associates Investment Counsel CA Boosts Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Lederer & Associates Investment Counsel CA raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,863 shares of the company’s stock after acquiring an additional 8,594 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Schwab U.S. Mid-Cap ETF were worth $356,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Advisory Alpha LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the period. Legacy Wealth Management Inc lifted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc lifted its holdings in 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 acquiring an additional 2,234,519 shares during the period. HighTower Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.6% in the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after buying an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.9 %

NYSEARCA:SCHM opened at $28.94 on Monday. The company has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.54 and a 52-week high of $30.28. The stock has a fifty day simple moving average of $28.73 and a 200-day simple moving average of $27.82.

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.