Nwam LLC Raises Stock Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Nwam LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,338 shares of the company’s stock after purchasing an additional 2,672 shares during the quarter. Nwam LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $25,000. Creative Capital Management Investments LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $38,000. Roxbury Financial LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the second quarter worth approximately $39,000. Mid American Wealth Advisory Group Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $42,000. Finally, Bulwark Capital Corp bought a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $58,000.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $29.74 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.31. The firm’s fifty day moving average is $29.70 and its 200 day moving average is $28.57. The firm has a market cap of $12.08 billion, a P/E ratio of 18.83 and a beta of 1.08.

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.