Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Acquired by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,863 shares of the company’s stock after purchasing an additional 8,594 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Schwab U.S. Mid-Cap ETF were worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SCHM. Sanctuary Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $486,000. Centaurus Financial Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 6.1% in the 2nd quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares during the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $41,000. Mirador Capital Partners LP raised its stake in Schwab U.S. Mid-Cap ETF by 12.4% in the 3rd quarter. Mirador Capital Partners LP now owns 5,152 shares of the company’s stock valued at $428,000 after purchasing an additional 570 shares during the last quarter. Finally, Prentice Wealth Management LLC raised its stake in Schwab U.S. Mid-Cap ETF by 16.7% in the 3rd quarter. Prentice Wealth Management LLC now owns 27,007 shares of the company’s stock valued at $2,244,000 after purchasing an additional 3,857 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $28.94 on Monday. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business has a 50-day moving average of $28.73 and a two-hundred day moving average of $27.82. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month 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.