Gleason Group Inc. Has $5.09 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Gleason Group Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 215.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 183,845 shares of the company’s stock after purchasing an additional 125,554 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 0.9% of Gleason Group Inc.’s investment portfolio, making the stock its 13th biggest holding. Gleason Group Inc. owned 0.13% of Schwab U.S. Mid-Cap ETF worth $5,094,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in SCHM. Cordant Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Archer Investment Corp boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after acquiring an additional 393 shares during the period. Massmutual Trust Co. FSB ADV acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $41,000. Hantz Financial Services Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares during the last quarter. Finally, Lowe Wealth Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 2,124 shares of the company’s stock valued at $59,000 after purchasing an additional 1,416 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $27.86 on Tuesday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The company has a market capitalization of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09. The stock has a fifty day moving average of $28.75 and a 200-day moving average of $27.56.

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.