Colorado Capital Management Inc. Increases Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Colorado Capital Management Inc. increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 95.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 127,141 shares of the company’s stock after buying an additional 62,212 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 1.7% of Colorado Capital Management Inc.’s portfolio, making the stock its 21st largest holding. Colorado Capital Management Inc. owned 0.09% of Schwab U.S. Mid-Cap ETF worth $3,523,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SCHM. Bank of New York Mellon Corp grew its position in shares of Schwab U.S. Mid-Cap ETF by 53.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after acquiring an additional 2,074 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10.9% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock valued at $898,000 after purchasing an additional 1,131 shares during the period. Thrivent Financial for Lutherans grew its holdings in Schwab U.S. Mid-Cap ETF by 7.9% during the second quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock valued at $45,714,000 after purchasing an additional 42,819 shares during the period. Summit Trail Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 135.6% in the second quarter. Summit Trail Advisors LLC now owns 8,831 shares of the company’s stock valued at $690,000 after buying an additional 5,082 shares during the period. Finally, Blankinship & Foster LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.9% in the second quarter. Blankinship & Foster LLC now owns 18,875 shares of the company’s stock valued at $1,469,000 after buying an additional 1,211 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $28.82 on Tuesday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.24 and a fifty-two week high of $30.28. The stock has a fifty day moving average of $28.71 and a 200-day moving average of $27.66. The company has a market capitalization of $4.13 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.