Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by White Pine Investment CO

White Pine Investment CO lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 574.9% in the fourth quarter, Holdings Channel reports. The firm owned 187,717 shares of the company’s stock after buying an additional 159,904 shares during the period. White Pine Investment CO’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,202,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. Fragasso Financial Advisors Inc boosted 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 worth $92,695,000 after acquiring an additional 2,234,519 shares in the last quarter. HighTower Advisors LLC boosted its stake 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 purchasing an additional 82,365 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 33.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after purchasing an additional 574,475 shares during the last quarter. Cerity Partners LLC increased its stake in 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 valued at $188,180,000 after purchasing an additional 287,937 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings 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 buying an additional 23,876 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.5 %

NYSEARCA:SCHM opened at $29.24 on Wednesday. The company has a market capitalization of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28. The firm has a fifty day simple moving average of $28.71 and a 200-day simple moving average of $27.66.

Schwab U.S. Mid-Cap ETF Company Profile

(Free Report)

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.

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