Nwam LLC Buys 17,054 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Nwam LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 204.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,396 shares of the company’s stock after purchasing an additional 17,054 shares during the quarter. Nwam LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $704,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Advisory Alpha LLC raised its position in Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its position in Schwab U.S. Mid-Cap ETF by 203.9% during the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc raised its position in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares in the last quarter. JMG Financial Group Ltd. raised its position in Schwab U.S. Mid-Cap ETF by 196.9% during the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after purchasing an additional 1,910,992 shares in the last quarter. Finally, Summit Financial Strategies Inc. raised its position in Schwab U.S. Mid-Cap ETF by 194.9% during the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after purchasing an additional 1,282,163 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $27.89 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The company has a market cap of $11.34 billion, a P/E ratio of 19.14 and a beta of 1.15. The firm has a 50 day simple moving average of $28.43 and a two-hundred day simple moving average of $28.12.

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.