Schwab U.S. Mid-Cap ETF $SCHM Shares Newly Acquired by Boltwood Capital Management

Boltwood Capital Management acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 97,571 shares of the company’s stock, valued at approximately $3,319,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Mariner LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.8% during the 4th quarter. Mariner LLC now owns 2,204,963 shares of the company’s stock valued at $66,304,000 after purchasing an additional 39,511 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock worth $57,157,000 after purchasing an additional 139,644 shares during the period. 93 Financial Group LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $48,614,000. Advocacy Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.9% in the fourth quarter. Advocacy Wealth Management LLC now owns 1,559,425 shares of the company’s stock valued at $46,892,000 after purchasing an additional 86,487 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 5.2% in the second quarter. Dynamic Advisor Solutions LLC now owns 1,198,872 shares of the company’s stock valued at $44,202,000 after purchasing an additional 59,632 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.8%

Shares of NYSEARCA SCHM traded up $0.27 during mid-day trading on Friday, reaching $34.57. 2,166,966 shares of the company were exchanged, compared to its average volume of 1,410,696. The company’s 50-day simple moving average is $35.36 and its 200-day simple moving average is $34.59. The stock has a market capitalization of $14.56 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92.

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.