Curbstone Financial Management Corp Grows Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Curbstone Financial Management Corp boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 195.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 522,289 shares of the company’s stock after purchasing an additional 345,772 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 3.1% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 7th largest holding. Curbstone Financial Management Corp owned about 0.36% of Schwab U.S. Mid-Cap ETF worth $14,473,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Global Wealth Strategies & Associates grew its stake in shares of 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. Centaurus Financial Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after purchasing an additional 209 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock worth $9,174,000 after purchasing an additional 357 shares during the period. Cordant Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $30,000. Finally, Leisure Capital Management increased its stake in Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after buying an additional 379 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $28.96 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.54 and a 12-month high of $30.28. The stock has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50 day simple moving average of $28.73 and a 200-day simple moving average of $27.75.

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.