Northwestern Mutual Wealth Management Co. Increases Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,932,629 shares of the company’s stock after acquiring an additional 459,489 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 2.67% of Schwab U.S. Mid-Cap ETF worth $328,744,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Moors & Cabot Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $229,000. Huntington National Bank boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the 4th quarter. Huntington National Bank now owns 28,812 shares of the company’s stock worth $866,000 after acquiring an additional 3,454 shares in the last quarter. Eaton Financial Holdings Company LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 24.4% in the 4th quarter. Eaton Financial Holdings Company LLC now owns 15,449 shares of the company’s stock worth $465,000 after buying an additional 3,026 shares in the last quarter. Roundview Capital LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 3.3% in the 4th quarter. Roundview Capital LLC now owns 130,680 shares of the company’s stock worth $3,930,000 after buying an additional 4,176 shares in the last quarter. Finally, Flputnam Investment Management Co. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 7.1% in the 4th quarter. Flputnam Investment Management Co. now owns 27,696 shares of the company’s stock worth $833,000 after buying an additional 1,827 shares in the last quarter.

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

Schwab U.S. Mid-Cap ETF stock opened at $35.29 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $26.64 and a 52 week high of $35.44. The firm’s 50-day simple moving average is $33.07 and its 200 day simple moving average is $31.83. The firm has a market capitalization of $14.82 billion, a PE ratio of 18.83 and a beta of 1.04.

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.