Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Black Diamond Financial LLC

Black Diamond Financial LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 199.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 263,445 shares of the company’s stock after acquiring an additional 175,331 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 1.1% of Black Diamond Financial LLC’s portfolio, making the stock its 27th biggest holding. Black Diamond Financial LLC owned 0.18% of Schwab U.S. Mid-Cap ETF worth $7,300,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Advisory Alpha LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares during the last quarter. Legacy Wealth Management Inc lifted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after acquiring an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc lifted its holdings in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after acquiring an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.6% in the 3rd 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 during the last quarter. Finally, JMG Financial Group Ltd. lifted its holdings in 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 acquiring an additional 1,910,992 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 2.5 %

SCHM stock opened at $27.98 on Monday. Schwab U.S. Mid-Cap ETF has a one year low of $24.64 and a one year high of $30.28. The firm has a market capitalization of $4.01 billion, a PE ratio of 16.47 and a beta of 1.09. The firm has a 50-day moving average of $28.46 and a two-hundred day moving average of $28.08.

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.