Schwab U.S. Mid-Cap ETF $SCHM Shares Acquired by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 35.0% during the second quarter, Holdings Channel reports. The firm owned 374,178 shares of the company’s stock after purchasing an additional 96,930 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.0% of Clear Creek Financial Management LLC’s portfolio, making the stock its 16th largest holding. Clear Creek Financial Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab U.S. Mid-Cap ETF by 8.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after buying an additional 616,733 shares in the last quarter. Advisory Alpha LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 27.7% during the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the period. Cerity Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the 1st quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock valued at $180,996,000 after acquiring an additional 193,939 shares in the last quarter. Legacy Wealth Management Inc boosted its stake in Schwab U.S. Mid-Cap ETF by 0.6% in the 1st quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after purchasing an additional 368,908 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.9%

Shares of NYSEARCA:SCHM opened at $30.01 on Thursday. The company’s fifty day moving average is $29.38 and its two-hundred day moving average is $27.75. The company has a market cap of $12.33 billion, a P/E ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28.

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.