Thrivent Financial for Lutherans Has $49.57 Million Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Thrivent Financial for Lutherans boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 188.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,685,863 shares of the company’s stock after buying an additional 1,101,699 shares during the period. Thrivent Financial for Lutherans’ holdings in Schwab U.S. Mid-Cap ETF were worth $49,567,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SCHM. Von Berge Wealth Management Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 4th quarter. Von Berge Wealth Management Group LLC now owns 115,341 shares of the company’s stock valued at $3,368,000 after purchasing an additional 426 shares in the last quarter. Waterfront Wealth Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 4th quarter. Waterfront Wealth Inc. now owns 65,765 shares of the company’s stock valued at $1,822,000 after purchasing an additional 461 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 3.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 15,197 shares of the company’s stock valued at $1,263,000 after purchasing an additional 514 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. MML Investors Services LLC now owns 137,556 shares of the company’s stock valued at $11,430,000 after purchasing an additional 560 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,742.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock valued at $51,000 after purchasing an additional 575 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $26.79 on Thursday. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The company’s fifty day moving average is $28.07 and its 200-day moving average is $28.11. The company has a market capitalization of $10.93 billion, a PE ratio of 18.04 and a beta of 1.16.

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.