Gill Capital Partners LLC Acquires 139,665 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Gill Capital Partners LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,743 shares of the company’s stock after purchasing an additional 139,665 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 2.1% of Gill Capital Partners LLC’s investment portfolio, making the stock its 16th biggest position. Gill Capital Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,812,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Fragasso Financial Advisors Inc lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Schwab U.S. Mid-Cap ETF by 33.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares during the last quarter. Salem Investment Counselors Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 181.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock valued at $18,689,000 after acquiring an additional 434,867 shares during the period. Noble Family Wealth LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 174.7% in the fourth quarter. Noble Family Wealth LLC now owns 670,807 shares of the company’s stock valued at $18,561,000 after purchasing an additional 426,626 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 217.7% in the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock worth $51,155,000 after purchasing an additional 421,888 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $28.82 on Friday. The stock has a market capitalization of $4.13 billion, a PE ratio of 16.47 and a beta of 1.09. The stock has a 50-day simple moving average of $28.72 and a 200 day simple moving average of $27.61. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.24 and a twelve month high of $30.28.

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.