Stordahl Capital Management Inc. Increases Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stordahl Capital Management Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,639 shares of the company’s stock after purchasing an additional 13,036 shares during the quarter. Stordahl Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $544,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisory Alpha LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the period. Legacy Wealth Management Inc grew its position in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after buying an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc increased its stake in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares during the period. Summit Financial Strategies Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 194.9% during the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after acquiring an additional 1,282,163 shares during the period. Finally, Gemmer Asset Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 209.9% during the 4th quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after buying an additional 1,027,320 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.5 %

NYSEARCA:SCHM opened at $28.90 on Thursday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.54 and a fifty-two week high of $30.28. The firm’s fifty day simple moving average is $28.75 and its 200-day simple moving average is $27.79. The stock has a market cap of $4.14 billion, a PE ratio of 16.47 and a beta of 1.09.

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.