Clear Investment Research LLC Increases Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Clear Investment Research LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.6% during the 4th quarter, HoldingsChannel reports. The firm owned 40,613 shares of the company’s stock after purchasing an additional 27,059 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 1.5% of Clear Investment Research LLC’s investment portfolio, making the stock its 16th biggest position. Clear Investment Research LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 209.3% during the 4th quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after buying an additional 6,819,239 shares in the last quarter. Advisory Alpha LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares in the last quarter. Finally, JMG Financial Group Ltd. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 196.9% during the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after buying an additional 1,910,992 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.7 %

SCHM stock opened at $26.61 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The stock has a market cap of $10.86 billion, a P/E ratio of 18.04 and a beta of 1.16. The business’s 50-day moving average price is $28.05 and its 200-day moving average price is $28.10.

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.