Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Courage Miller Partners LLC’s 7th Largest Position

Courage Miller Partners LLC raised its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 417,704 shares of the company’s stock after purchasing an additional 278,616 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 4.0% of Courage Miller Partners LLC’s investment portfolio, making the stock its 7th biggest position. Courage Miller Partners LLC owned 0.29% of Schwab U.S. Mid-Cap ETF worth $11,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fragasso Financial Advisors Inc grew its position in Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after acquiring an additional 82,365 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after purchasing an additional 574,475 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after purchasing an additional 287,937 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 1.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock valued at $57,256,000 after buying an additional 23,876 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.4 %

Shares of NYSEARCA SCHM opened at $28.82 on Tuesday. The stock’s 50 day moving average price is $28.71 and its two-hundred day moving average price is $27.66. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.24 and a 52-week high of $30.28. The stock has a market capitalization of $4.13 billion, a P/E 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.