Oldfather Financial Services LLC Raises Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Oldfather Financial Services LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 196.3% in the 4th quarter, HoldingsChannel reports. The firm owned 53,010 shares of the company’s stock after acquiring an additional 35,119 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 0.6% of Oldfather Financial Services LLC’s holdings, making the stock its 26th largest holding. Oldfather Financial Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Global Wealth Strategies & Associates grew its position in Schwab U.S. Mid-Cap ETF by 28.0% during the third quarter. Global Wealth Strategies & Associates now owns 735 shares of the company’s stock valued at $61,000 after buying an additional 161 shares during the period. Centaurus Financial Inc. grew its position in Schwab U.S. Mid-Cap ETF by 6.1% during the second quarter. Centaurus Financial Inc. now owns 3,622 shares of the company’s stock valued at $282,000 after buying an additional 209 shares during the period. Avior Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 110,412 shares of the company’s stock valued at $9,174,000 after buying an additional 357 shares during the period. Cordant Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $30,000. Finally, Leisure Capital Management grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the third quarter. Leisure Capital Management now owns 31,790 shares of the company’s stock valued at $2,641,000 after purchasing an additional 379 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.4 %

NYSEARCA:SCHM opened at $28.82 on Monday. The company’s 50-day moving average price is $28.72 and its 200-day moving average price is $27.63. The company has a market cap of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.24 and a twelve month high of $30.28.

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.