Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Purchased by Watershed Private Wealth LLC

Watershed Private Wealth LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 190.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,203 shares of the company’s stock after acquiring an additional 17,167 shares during the period. Watershed Private Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bush Investment Group LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after buying an additional 673 shares during the last quarter. Denver PWM LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after acquiring an additional 5,553 shares during the last quarter. Anchor Investment Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after acquiring an additional 1,136 shares in the last quarter. World Investment Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the last quarter. Finally, Synovus Financial Corp boosted its holdings in Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after purchasing an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $29.04 on Wednesday. The company’s fifty day moving average is $28.75 and its two-hundred day moving average is $27.79. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.54 and a 1-year high of $30.28. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

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.