Nicollet Investment Management Inc. Boosts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Nicollet Investment Management Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 204.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 125,121 shares of the company’s stock after buying an additional 83,959 shares during the period. Nicollet Investment Management Inc. owned 0.09% of Schwab U.S. Mid-Cap ETF worth $3,467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bush Investment Group LLC boosted its position in Schwab U.S. Mid-Cap ETF by 0.5% during the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after buying an additional 5,553 shares during the period. Anchor Investment Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after buying an additional 1,136 shares in the last quarter. World Investment Advisors LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares during the period. Finally, US Bancorp DE lifted its position in Schwab U.S. Mid-Cap ETF by 194.9% during the 4th quarter. US Bancorp DE now owns 45,010 shares of the company’s stock worth $1,247,000 after acquiring an additional 29,745 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1 %

Shares of NYSEARCA:SCHM opened at $26.20 on Tuesday. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 18.01 and a beta of 1.09. The company has a 50 day moving average of $27.81 and a two-hundred day moving average of $28.14. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.64 and a 52-week high of $30.28.

Schwab U.S. Mid-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0776 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.