Northwest Capital Management Inc Has $5.44 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Northwest Capital Management Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 184.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 196,309 shares of the company’s stock after buying an additional 127,332 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 2.3% of Northwest Capital Management Inc’s portfolio, making the stock its 9th biggest position. Northwest Capital Management Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,440,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SCHM. Advisory Alpha LLC raised its position in shares of 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 worth $158,471,000 after purchasing an additional 3,782,365 shares during the period. Legacy Wealth Management Inc increased its position in shares of 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 worth $115,828,000 after acquiring an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc lifted its position in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th 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 boosted its stake in Schwab U.S. Mid-Cap ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after purchasing an additional 82,365 shares during the last quarter. Finally, JMG Financial Group Ltd. increased its holdings in 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 worth $79,854,000 after purchasing an additional 1,910,992 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 2.5 %

SCHM stock opened at $27.98 on Monday. The stock’s 50 day moving average is $28.46 and its 200-day moving average is $28.08. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.64 and a twelve month high of $30.28. The firm has a market capitalization of $4.01 billion, a PE ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.