Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 304,508 shares of the company’s stock after acquiring an additional 202,639 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 2.7% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Gradient Capital Advisors LLC owned approximately 0.21% of Schwab U.S. Mid-Cap ETF worth $8,438,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cordant Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Archer Investment Corp increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after buying an additional 393 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after acquiring an additional 575 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $66,000. Finally, Farmers & Merchants Investments Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 951 shares of the company’s stock worth $26,000 after acquiring an additional 634 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.67 on Wednesday. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.64 and a 1 year high of $30.28. The firm’s 50-day simple moving average is $28.60 and its 200-day simple moving average is $27.92. The firm has a market cap of $4.11 billion, a PE 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.