FIDELIS iM LLC Acquires 21,537 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

FIDELIS iM LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 134.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,542 shares of the company’s stock after acquiring an additional 21,537 shares during the period. Schwab U.S. Mid-Cap ETF makes up 0.4% of FIDELIS iM LLC’s portfolio, making the stock its 15th largest holding. FIDELIS iM LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,040,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHM. Advisory Alpha LLC boosted its position in shares of 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 valued at $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc boosted its stake 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 buying an additional 2,234,519 shares in the last quarter. Gemmer Asset Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after acquiring an additional 1,027,320 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Schwab U.S. Mid-Cap ETF by 33.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after acquiring an additional 574,475 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $29.20 on Friday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s 50-day simple moving average is $28.73 and its 200-day simple moving average is $27.74. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve month high of $30.28.

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.