Silver Oak Securities Incorporated Purchases 10,321 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Silver Oak Securities Incorporated lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,756 shares of the company’s stock after purchasing an additional 10,321 shares during the period. Silver Oak Securities Incorporated’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,802,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cerity Partners LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after buying an additional 17,766,110 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 9.1% in the third quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock valued at $1,386,937,000 after acquiring an additional 1,714,519 shares during the period. Advocacy Wealth Management Services LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $26,898,000. Trust Point Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $16,609,000. Finally, Lido Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 144.8% during the third quarter. Lido Advisors LLC now owns 331,156 shares of the company’s stock worth $22,413,000 after acquiring an additional 195,868 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.4 %

NYSEARCA SCHM traded up $0.33 during trading on Friday, reaching $77.33. The company’s stock had a trading volume of 201,087 shares, compared to its average volume of 317,755. The firm has a 50 day moving average price of $78.50 and a 200 day moving average price of $73.75. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The firm has a market capitalization of $11.06 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09.

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.