Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Boosted by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 202.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,667 shares of the company’s stock after purchasing an additional 19,846 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $822,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fragasso Financial Advisors Inc lifted its holdings in shares of 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 worth $92,695,000 after purchasing an additional 2,234,519 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $177,692,000 after buying an additional 574,475 shares during the period. Salem Investment Counselors Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 181.5% in the fourth quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock valued at $18,689,000 after buying an additional 434,867 shares during the last quarter. Noble Family Wealth LLC boosted 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 valued at $18,561,000 after acquiring an additional 426,626 shares during the period. Finally, Chicago Partners Investment Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 217.7% during the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock worth $51,155,000 after acquiring an additional 421,888 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.7 %

Shares of NYSEARCA:SCHM opened at $28.70 on Friday. The company’s 50-day moving average price is $28.73 and its 200 day moving average price is $27.59. The company has a market cap of $4.11 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.