Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Gemmer Asset Management LLC’s 6th Largest Position

Gemmer Asset Management LLC grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 209.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,516,709 shares of the company’s stock after buying an additional 1,027,320 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 4.2% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 6th largest holding. Gemmer Asset Management LLC owned approximately 1.06% of Schwab U.S. Mid-Cap ETF worth $42,028,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Cordant Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $30,000. Archer Investment Corp raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,965.0% during the 3rd quarter. Archer Investment Corp now owns 413 shares of the company’s stock valued at $34,000 after purchasing an additional 393 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $41,000. Hantz Financial Services Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,742.4% in the third quarter. Hantz Financial Services Inc. now owns 608 shares of the company’s stock worth $51,000 after purchasing an additional 575 shares in the last quarter. Finally, Global Wealth Strategies & Associates boosted its holdings in Schwab U.S. Mid-Cap ETF by 28.0% in the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock worth $61,000 after purchasing an additional 161 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $28.82 on Monday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.24 and a fifty-two week high of $30.28. The stock’s 50-day moving average is $28.72 and its two-hundred day moving average is $27.63. The firm has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF 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.