Pittenger & Anderson Inc. Trims Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pittenger & Anderson Inc. reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 164,404 shares of the company’s stock after selling 605 shares during the quarter. Pittenger & Anderson Inc. owned 0.12% of Schwab U.S. Mid-Cap ETF worth $12,383,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SCHM. WestHill Financial Advisors Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $28,000. Fifth Third Bancorp increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares in the last quarter. North Star Investment Management Corp. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth approximately $39,000. NBC Securities Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $37,000. Finally, Lowe Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth approximately $53,000.

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

NYSEARCA SCHM traded up $0.54 on Friday, reaching $77.54. 120,225 shares of the company were exchanged, compared to its average volume of 316,692. The business’s fifty day moving average price is $78.49 and its 200 day moving average price is $73.63. The stock has a market capitalization of $11.09 billion, a P/E ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74.

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.