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

Denver PWM LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 178.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 568,894 shares of the company’s stock after purchasing an additional 364,434 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 6.1% of Denver PWM LLC’s holdings, making the stock its 2nd biggest position. Denver PWM LLC owned approximately 0.40% of Schwab U.S. Mid-Cap ETF worth $15,764,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SCHM. Farmers & Merchants Investments Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock valued at $26,000 after purchasing an additional 634 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 960 shares of the company’s stock valued at $27,000 after purchasing an additional 640 shares during the period. Cordant Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Cordant Inc. now owns 1,089 shares of the company’s stock valued at $30,000 after purchasing an additional 726 shares during the period. Archer Investment Corp boosted its position in Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 1,323 shares of the company’s stock worth $37,000 after acquiring an additional 882 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 2.5 %

NYSEARCA:SCHM opened at $27.98 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The business has a 50 day moving average price of $28.46 and a two-hundred day moving average price of $28.04. The company has a market cap of $4.01 billion, a P/E ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company 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.