Red Door Wealth Management LLC Increases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Red Door Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 243.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,259 shares of the company’s stock after buying an additional 59,742 shares during the period. Red Door Wealth Management LLC owned about 0.06% of Schwab U.S. Mid-Cap ETF worth $2,335,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the period. Fragasso Financial Advisors Inc boosted its stake 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 valued at $92,695,000 after purchasing an additional 2,234,519 shares during the period. Gemmer Asset Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after purchasing an additional 1,027,320 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake 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 buying an additional 574,475 shares during the period. Finally, Koshinski Asset Management Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 209.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 644,951 shares of the company’s stock worth $17,872,000 after buying an additional 436,390 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2 %

NYSEARCA:SCHM opened at $29.19 on Friday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28. The company has a fifty day simple moving average of $28.71 and a two-hundred day simple moving average of $27.69.

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.