Schwab U.S. Mid-Cap ETF $SCHM Stake Raised by Blue Square Asset Management LLC

Blue Square Asset Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 28.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 305,958 shares of the company’s stock after buying an additional 66,876 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 4.1% of Blue Square Asset Management LLC’s portfolio, making the stock its 6th largest position. Blue Square Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,200,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Meriwether Wealth & Planning LLC lifted its position in Schwab U.S. Mid-Cap ETF by 4.3% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after buying an additional 355 shares during the period. Planwiser Financial LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 0.4% in the 3rd quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock valued at $2,503,000 after buying an additional 357 shares during the period. Bouchey Financial Group Ltd increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 3rd quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock valued at $1,155,000 after acquiring an additional 370 shares during the last quarter. Great Waters Wealth Management lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.1% during the 4th quarter. Great Waters Wealth Management now owns 37,385 shares of the company’s stock worth $1,124,000 after acquiring an additional 391 shares during the period. Finally, Balanced Wealth Group LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Balanced Wealth Group LLC now owns 136,880 shares of the company’s stock worth $3,872,000 after acquiring an additional 419 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $31.39 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.18. The firm has a 50 day moving average price of $31.88 and a 200 day moving average price of $30.74. The company has a market cap of $12.85 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.