Great Waters Wealth Management Raises Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Great Waters Wealth Management raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 191.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,940 shares of the company’s stock after buying an additional 24,919 shares during the period. Great Waters Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,051,000 as of its most recent SEC filing.

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

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

Shares of NYSEARCA SCHM opened at $28.82 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.24 and a 12-month high of $30.28. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm has a 50 day moving average of $28.71 and a 200 day moving average of $27.66.

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.