Marquette Asset Management LLC Purchases 66,190 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Marquette Asset Management LLC boosted its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,468 shares of the company’s stock after purchasing an additional 66,190 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 0.4% of Marquette Asset Management LLC’s investment portfolio, making the stock its 19th biggest holding. Marquette Asset Management LLC owned approximately 0.07% of Schwab U.S. Mid-Cap ETF worth $2,756,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SCHM. Fragasso Financial Advisors Inc raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after buying an additional 2,234,519 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 33.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock valued at $177,692,000 after acquiring an additional 574,475 shares during the last quarter. Salem Investment Counselors Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 181.5% in the fourth quarter. Salem Investment Counselors Inc. now owns 674,447 shares of the company’s stock worth $18,689,000 after purchasing an additional 434,867 shares during the period. Noble Family Wealth LLC increased its stake in Schwab U.S. Mid-Cap ETF by 174.7% in the fourth quarter. Noble Family Wealth LLC now owns 670,807 shares of the company’s stock worth $18,561,000 after purchasing an additional 426,626 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 217.7% during the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock worth $51,155,000 after purchasing an additional 421,888 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.0 %

NYSEARCA SCHM opened at $28.13 on Wednesday. The stock has a market cap of $4.03 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.17 and a 12 month high of $30.28. The company’s 50-day moving average price is $28.75 and its 200-day moving average price is $27.57.

Schwab U.S. Mid-Cap ETF Company 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.