Clearwater Capital Advisors LLC Increases Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Clearwater Capital Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 473,011 shares of the company’s stock after purchasing an additional 16,319 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 1.2% of Clearwater Capital Advisors LLC’s holdings, making the stock its 20th biggest holding. Clearwater Capital Advisors LLC owned approximately 0.11% of Schwab U.S. Mid-Cap ETF worth $14,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock worth $328,744,000 after buying an additional 459,489 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock worth $320,830,000 after acquiring an additional 648,134 shares during the last quarter. Legacy Wealth Management Inc lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.7% during the 4th quarter. Legacy Wealth Management Inc now owns 4,319,152 shares of the company’s stock worth $129,877,000 after acquiring an additional 114,417 shares during the last quarter. Valpey Financial Services LLC grew its position in Schwab U.S. Mid-Cap ETF by 2,876.4% in the fourth quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock worth $140,495,000 after acquiring an additional 4,082,734 shares in the last quarter. Finally, Mariner LLC grew its position in Schwab U.S. Mid-Cap ETF by 1.8% in the fourth quarter. Mariner LLC now owns 2,204,963 shares of the company’s stock worth $66,304,000 after acquiring an additional 39,511 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.2%

SCHM opened at $35.29 on Thursday. The stock has a market cap of $14.71 billion, a PE ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 52 week low of $27.76 and a 52 week high of $36.90. The business’s fifty day simple moving average is $35.43 and its 200 day simple moving average is $33.41.

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.