Denver PWM LLC Has $18.26 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

Denver PWM LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 650,802 shares of the company’s stock after purchasing an additional 30,453 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 5.7% of Denver PWM LLC’s portfolio, making the stock its 4th biggest holding. Denver PWM LLC owned 0.16% of Schwab U.S. Mid-Cap ETF worth $18,255,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Creative Planning grew its holdings in Schwab U.S. Mid-Cap ETF by 2.4% during the 2nd quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after buying an additional 684,597 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 25.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,272,223 shares of the company’s stock worth $288,136,000 after acquiring an additional 2,070,689 shares during the last quarter. Advisory Alpha LLC grew its stake in Schwab U.S. Mid-Cap ETF by 14.7% during the second quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock valued at $234,882,000 after acquiring an additional 1,072,948 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Schwab U.S. Mid-Cap ETF by 28.6% during the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after acquiring an additional 368,908 shares in the last quarter. Finally, Beacon Pointe Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.8% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,608,649 shares of the company’s stock valued at $45,123,000 after acquiring an additional 13,535 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1%

Shares of SCHM stock opened at $30.31 on Monday. The company’s fifty day simple moving average is $29.60 and its two-hundred day simple moving average is $28.94. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.47. The stock has a market cap of $12.32 billion, a P/E ratio of 18.83 and a beta of 1.08.

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.