Columbus Macro LLC Acquires 129,982 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Columbus Macro LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1,693.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,659 shares of the company’s stock after acquiring an additional 129,982 shares during the period. Columbus Macro LLC owned about 0.10% of Schwab U.S. Mid-Cap ETF worth $3,815,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SCHM. Trust Point Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 113.5% during the fourth quarter. Trust Point Inc. now owns 482,688 shares of the company’s stock worth $13,375,000 after buying an additional 256,593 shares during the last quarter. Marshall Financial Group Inc. ADV increased its holdings in Schwab U.S. Mid-Cap ETF by 200.1% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 641,834 shares of the company’s stock worth $17,785,000 after purchasing an additional 427,995 shares in the last quarter. Leisure Capital Management raised its position in Schwab U.S. Mid-Cap ETF by 178.7% in the fourth quarter. Leisure Capital Management now owns 88,600 shares of the company’s stock valued at $2,455,000 after purchasing an additional 56,810 shares during the last quarter. Lederer & Associates Investment Counsel CA boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 201.3% during the fourth quarter. Lederer & Associates Investment Counsel CA now owns 12,863 shares of the company’s stock valued at $356,000 after purchasing an additional 8,594 shares in the last quarter. Finally, Panoramic Investment Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 205.1% in the fourth quarter. Panoramic Investment Advisors LLC now owns 56,946 shares of the company’s stock valued at $1,578,000 after buying an additional 38,280 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 1.0 %

Shares of NYSEARCA:SCHM opened at $28.64 on Tuesday. The business has a fifty day simple moving average of $28.73 and a 200 day simple moving average of $27.83. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28. The firm has a market cap of $4.11 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.