Shaker Investments LLC OH Boosts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Shaker Investments LLC OH grew its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 187.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,374 shares of the company’s stock after purchasing an additional 4,805 shares during the quarter. Shaker Investments LLC OH’s holdings in Schwab U.S. Mid-Cap ETF were worth $204,000 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 recently modified their holdings of the company. Advisory Alpha LLC raised its holdings 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 period. Legacy Wealth Management Inc lifted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc boosted its stake 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 worth $92,695,000 after purchasing an additional 2,234,519 shares during the period. HighTower Advisors LLC grew its holdings 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 buying an additional 82,365 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of 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 worth $188,180,000 after acquiring an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $28.81 on Tuesday. The company has a fifty day moving average of $28.62 and a 200 day moving average of $27.90. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.64 and a fifty-two week high of $30.28. The stock has a market capitalization of $4.13 billion, a price-to-earnings 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.