Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Holdings Raised by Breakwater Investment Management

Breakwater Investment Management lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,550 shares of the company’s stock after purchasing an additional 1,700 shares during the quarter. Breakwater Investment Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $71,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Fragasso Financial Advisors Inc boosted its holdings in shares of 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 buying an additional 2,234,519 shares during the period. 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 during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Schwab U.S. Mid-Cap ETF by 33.6% in 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 period. Cerity Partners LLC grew its position 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 worth $188,180,000 after purchasing an additional 287,937 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock valued at $57,256,000 after purchasing an additional 23,876 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.82 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.24 and a 12 month high of $30.28. The stock has a market cap of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The business has a fifty day simple moving average of $28.71 and a 200-day simple moving average of $27.66.

About Schwab U.S. Mid-Cap ETF

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.