Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Ironwood Financial llc

Ironwood Financial llc lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 238.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 68,273 shares of the company’s stock after acquiring an additional 48,102 shares during the period. Ironwood Financial llc’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fragasso Financial Advisors Inc increased its stake in Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 33.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after acquiring an additional 574,475 shares during the period. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 181.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock worth $18,689,000 after purchasing an additional 434,867 shares in the last quarter. Noble Family Wealth LLC lifted 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 purchasing an additional 426,626 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 217.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock valued at $51,155,000 after purchasing an additional 421,888 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $28.82 on Monday. The company has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The stock’s fifty day moving average is $28.72 and its 200-day moving average is $27.63. Schwab U.S. Mid-Cap ETF has a one year low of $24.24 and a one year high of $30.28.

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.