Kelleher Financial Advisors Buys 5,450 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Kelleher Financial Advisors increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the 4th quarter, Holdings Channel reports. The firm owned 8,175 shares of the company’s stock after purchasing an additional 5,450 shares during the quarter. Kelleher Financial Advisors’ holdings in Schwab U.S. Mid-Cap ETF were worth $227,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Advisory Alpha LLC grew its position in 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 valued at $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Fragasso Financial Advisors Inc grew its position in Schwab U.S. Mid-Cap ETF by 201.2% during the fourth 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 during the last quarter. HighTower Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 2.6% during the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 33.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after acquiring an additional 574,475 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock valued at $188,180,000 after acquiring an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $29.14 on Thursday. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28. The firm’s 50 day simple moving average is $28.71 and its two-hundred day simple moving average is $27.68. The stock has a market capitalization of $4.18 billion, a P/E 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.