Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stock Holdings Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 33.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,282,373 shares of the company’s stock after buying an additional 574,475 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Schwab U.S. Mid-Cap ETF were worth $177,692,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 14.0% during the 4th quarter. Vantage Financial Partners LLC now owns 143,900 shares of the company’s stock worth $10,839,000 after acquiring an additional 17,724 shares in the last quarter. Paulson Wealth Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 14.1% in the 4th quarter. Paulson Wealth Management Inc. now owns 19,401 shares of the company’s stock valued at $1,461,000 after purchasing an additional 2,400 shares during the period. Summit Financial Strategies Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 3.6% in the 4th quarter. Summit Financial Strategies Inc. now owns 607,323 shares of the company’s stock worth $45,744,000 after purchasing an additional 21,030 shares in the last quarter. SWS Partners increased its stake in Schwab U.S. Mid-Cap ETF by 6.4% in the 4th quarter. SWS Partners now owns 22,363 shares of the company’s stock worth $1,684,000 after purchasing an additional 1,340 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Schwab U.S. Mid-Cap ETF by 1.7% during the fourth quarter. Jones Financial Companies Lllp now owns 216,743 shares of the company’s stock valued at $16,325,000 after buying an additional 3,716 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $83.10 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $83.69. The firm’s 50 day simple moving average is $80.01 and its 200-day simple moving average is $79.19. The company has a market cap of $11.91 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.