Silver Oak Securities Incorporated Buys 130,559 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Silver Oak Securities Incorporated increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 185.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 201,092 shares of the company’s stock after purchasing an additional 130,559 shares during the quarter. Silver Oak Securities Incorporated owned approximately 0.14% of Schwab U.S. Mid-Cap ETF worth $5,564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bush Investment Group LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the period. Denver PWM LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after acquiring an additional 5,553 shares during the period. Anchor Investment Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the last quarter. World Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after purchasing an additional 747 shares in the last quarter. Finally, Synovus Financial Corp grew its stake in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $29.00 on Thursday. The stock has a market capitalization of $4.16 billion, a P/E ratio of 16.47 and a beta of 1.09. The company’s 50-day simple moving average is $28.68 and its 200-day simple moving average is $27.86. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week 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.