Clear Creek Financial Management LLC Purchases 64,128 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Clear Creek Financial Management LLC raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 17.1% during the third quarter, Holdings Channel.com reports. The fund owned 438,306 shares of the company’s stock after purchasing an additional 64,128 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 1.1% of Clear Creek Financial Management LLC’s investment portfolio, making the stock its 14th largest position. Clear Creek Financial Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,991,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HC Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 6.4% in the third quarter. HC Advisors LLC now owns 108,397 shares of the company’s stock worth $3,213,000 after purchasing an additional 6,553 shares during the last quarter. Founders Financial Alliance LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter worth approximately $89,000. Texas Yale Capital Corp. grew its position in shares of Schwab U.S. Mid-Cap ETF by 3.7% in the 3rd quarter. Texas Yale Capital Corp. now owns 184,139 shares of the company’s stock worth $5,458,000 after buying an additional 6,545 shares during the last quarter. Providence Financial Advisors LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $247,000. Finally, Fifth Third Bancorp purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $30,000.

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

Shares of SCHM stock opened at $32.80 on Friday. The firm has a market capitalization of $13.43 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The stock has a fifty day moving average of $31.53 and a 200 day moving average of $30.22. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $33.13.

About Schwab U.S. Mid-Cap ETF

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.