Denver PWM LLC Has $16.99 Million Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Denver PWM LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 204,460 shares of the company’s stock after acquiring an additional 5,553 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 6.4% of Denver PWM LLC’s holdings, making the stock its 4th largest position. Denver PWM LLC owned about 0.14% of Schwab U.S. Mid-Cap ETF worth $16,989,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Hendershot Investments Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.2% during the 2nd quarter. Hendershot Investments Inc. now owns 6,888 shares of the company’s stock worth $536,000 after purchasing an additional 149 shares during the last quarter. Global Wealth Strategies & Associates grew its holdings in Schwab U.S. Mid-Cap ETF by 28.0% during the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after purchasing an additional 161 shares during the period. Williams Financial LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 3.7% in the second quarter. Williams Financial LLC now owns 5,205 shares of the company’s stock valued at $405,000 after buying an additional 188 shares during the period. Centaurus Financial Inc. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.1% in the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after buying an additional 209 shares during the period. Finally, GHP Investment Advisors Inc. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.0% during the 2nd quarter. GHP Investment Advisors Inc. now owns 12,868 shares of the company’s stock valued at $1,001,000 after buying an additional 254 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $27.71 on Wednesday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The stock has a fifty day moving average of $28.72 and a 200-day moving average of $27.44. The company has a market capitalization of $3.97 billion, a price-to-earnings 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.