Cliftonlarsonallen Wealth Advisors LLC Increases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cliftonlarsonallen Wealth Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 128.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 121,301 shares of the company’s stock after buying an additional 68,241 shares during the period. Cliftonlarsonallen Wealth Advisors LLC owned 0.08% of Schwab U.S. Mid-Cap ETF worth $3,361,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fragasso Financial Advisors Inc grew its stake in Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after purchasing an additional 2,234,519 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares in the last quarter. Salem Investment Counselors Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 181.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock valued at $18,689,000 after acquiring an additional 434,867 shares during the period. Noble Family Wealth LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 174.7% during the fourth quarter. Noble Family Wealth LLC now owns 670,807 shares of the company’s stock worth $18,561,000 after acquiring an additional 426,626 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 217.7% in the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock worth $51,155,000 after purchasing an additional 421,888 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM traded up $0.51 during mid-day trading on Wednesday, reaching $28.64. The company had a trading volume of 40,350 shares, compared to its average volume of 1,080,421. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.17 and a 52 week high of $30.28. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm has a 50-day moving average price of $28.75 and a 200 day moving average price of $27.57.

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.