Voisard Asset Management Group Inc. Purchases 50,704 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Voisard Asset Management Group Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 57.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,473 shares of the company’s stock after buying an additional 50,704 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 1.3% of Voisard Asset Management Group Inc.’s investment portfolio, making the stock its 17th largest holding. Voisard Asset Management Group Inc. owned approximately 0.10% of Schwab U.S. Mid-Cap ETF worth $3,837,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Advisory Alpha LLC grew its stake in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after acquiring an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the third quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after acquiring an additional 82,365 shares in the last quarter. Finally, JMG Financial Group Ltd. raised its position in shares of Schwab U.S. Mid-Cap ETF by 196.9% in the 4th quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock valued at $79,854,000 after purchasing an additional 1,910,992 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.6 %

SCHM stock opened at $26.85 on Monday. The stock has a market capitalization of $10.92 billion, a PE ratio of 19.14 and a beta of 1.15. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.64 and a 52 week high of $30.28. The firm has a 50 day moving average of $28.33 and a 200 day moving average of $28.16.

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.