Code Waechter LLC Acquires 96,258 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Code Waechter LLC increased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 144,289 shares of the company’s stock after buying an additional 96,258 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 3.5% of Code Waechter LLC’s holdings, making the stock its 9th biggest position. Code Waechter LLC owned 0.10% of Schwab U.S. Mid-Cap ETF worth $3,998,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fragasso Financial Advisors Inc grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $177,692,000 after purchasing an additional 574,475 shares during the period. Salem Investment Counselors Inc. increased its position in Schwab U.S. Mid-Cap ETF by 181.5% in the fourth quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock worth $18,689,000 after buying an additional 434,867 shares during the period. Noble Family Wealth LLC increased its position in Schwab U.S. Mid-Cap ETF by 174.7% in the fourth quarter. Noble Family Wealth LLC now owns 670,807 shares of the company’s stock worth $18,561,000 after buying an additional 426,626 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 217.7% during the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock valued at $51,155,000 after acquiring an additional 421,888 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $27.86 on Tuesday. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28. The company has a 50-day simple moving average of $28.75 and a 200-day simple moving average of $27.56. The firm has a market capitalization of $3.99 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.