Holderness Investments Co. Acquires 7,114 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Holderness Investments Co. increased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 105.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,873 shares of the company’s stock after purchasing an additional 7,114 shares during the quarter. Holderness Investments Co.’s holdings in Schwab U.S. Mid-Cap ETF were worth $792,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHM. Financial Management Professionals Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 997,975.5% during the 1st quarter. Financial Management Professionals Inc. now owns 1,018,037 shares of the company’s stock worth $56,389,000 after purchasing an additional 1,017,935 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter worth approximately $27,158,000. Pinkerton Retirement Specialists LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 8,901.6% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 488,159 shares of the company’s stock worth $27,039,000 after acquiring an additional 482,736 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 179.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 644,108 shares of the company’s stock worth $37,448,000 after acquiring an additional 413,791 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 18.8% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 2,474,878 shares of the company’s stock worth $137,083,000 after acquiring an additional 391,542 shares in the last quarter.

Shares of SCHM traded up $0.98 during mid-day trading on Friday, hitting $55.22. 251,000 shares of the company’s stock were exchanged, compared to its average volume of 421,416. Schwab U.S. Mid-Cap ETF has a 52 week low of $44.97 and a 52 week high of $58.83. The company has a 50-day simple moving average of $57.10 and a 200 day simple moving average of $56.01.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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