Steele Capital Management Inc. Has $4.10 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Steele Capital Management Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,879 shares of the company’s stock after buying an additional 98,586 shares during the quarter. Steele Capital Management Inc. owned 0.10% of Schwab U.S. Mid-Cap ETF worth $4,098,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Key Financial Inc grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Key Financial Inc now owns 4,839 shares of the company’s stock valued at $134,000 after buying an additional 3,226 shares in the last quarter. Bfsg LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 199.9% in the 4th quarter. Bfsg LLC now owns 52,509 shares of the company’s stock valued at $1,455,000 after buying an additional 35,002 shares in the last quarter. Buckingham Capital Management Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 194.6% in the 4th quarter. Buckingham Capital Management Inc. now owns 1,065,442 shares of the company’s stock valued at $29,523,000 after buying an additional 703,733 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 207.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 33,011 shares of the company’s stock valued at $915,000 after buying an additional 22,267 shares in the last quarter. Finally, Centerpoint Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 200.0% in the 4th quarter. Centerpoint Advisors LLC now owns 84,000 shares of the company’s stock valued at $2,328,000 after buying an additional 56,000 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $28.89 on Tuesday. The stock’s fifty day moving average price is $28.52 and its two-hundred day moving average price is $27.97. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.