Pittenger & Anderson Inc. Has $12.38 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pittenger & Anderson Inc. lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 164,404 shares of the company’s stock after selling 605 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,383,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHM. Financial Engines Advisors L.L.C. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 9.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock valued at $1,386,937,000 after buying an additional 1,714,519 shares during the period. Cerity Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock worth $1,426,811,000 after purchasing an additional 17,766,110 shares during the period. HighTower Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 3.5% in the 3rd quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock worth $241,993,000 after purchasing an additional 119,381 shares during the period. Moneta Group Investment Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 5.6% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock worth $124,653,000 after purchasing an additional 97,614 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock worth $129,458,000 after purchasing an additional 5,820 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM traded up $0.54 on Friday, reaching $77.54. The company had a trading volume of 120,225 shares, compared to its average volume of 316,692. The firm has a market capitalization of $11.09 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The company’s fifty day moving average is $78.49 and its 200-day moving average is $73.63.

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.