Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,756 shares of the company’s stock after purchasing an additional 10,321 shares during the period. Silver Oak Securities Incorporated’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,802,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Cerity Partners LLC grew its position in Schwab U.S. Mid-Cap ETF by 1,509.2% in the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after buying an additional 17,766,110 shares during the last quarter. Financial Engines Advisors L.L.C. raised its position in shares of Schwab U.S. Mid-Cap ETF by 9.1% during the third quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock worth $1,386,937,000 after purchasing an additional 1,714,519 shares during the period. Advocacy Wealth Management Services LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth $26,898,000. Trust Point Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at $16,609,000. Finally, Lido Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 144.8% in the 3rd quarter. Lido Advisors LLC now owns 331,156 shares of the company’s stock valued at $22,413,000 after purchasing an additional 195,868 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded up $0.33 during trading on Friday, reaching $77.33. The company had a trading volume of 201,087 shares, compared to its average volume of 317,755. The firm’s 50-day simple moving average is $78.50 and its 200 day simple moving average is $73.75. The company has a market cap of $11.06 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74.

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.