Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Twele Capital Management Inc.

Twele Capital Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 193.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,470 shares of the company’s stock after buying an additional 12,183 shares during the period. Twele Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $512,000 at the end of the most recent quarter.

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

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $28.49 on Thursday. The stock has a market capitalization of $4.08 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28. The company’s fifty day moving average is $28.74 and its two-hundred day moving average is $27.58.

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.