Firestone Capital Management Raises Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Firestone Capital Management increased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,117 shares of the company’s stock after acquiring an additional 229 shares during the period. Firestone Capital Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Financial Engines Advisors L.L.C. boosted its holdings in Schwab U.S. Mid-Cap ETF by 9.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 20,492,571 shares of the company’s stock valued at $1,386,937,000 after purchasing an additional 1,714,519 shares in the last quarter. Cerity Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after purchasing an additional 17,766,110 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 3.5% in the 3rd quarter. HighTower Advisors LLC now owns 3,576,214 shares of the company’s stock valued at $241,993,000 after purchasing an additional 119,381 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 5.6% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock valued at $124,653,000 after purchasing an additional 97,614 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock valued at $129,458,000 after acquiring an additional 5,820 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock traded down $1.46 during midday trading on Tuesday, reaching $76.43. 208,879 shares of the company traded hands, compared to its average volume of 315,194. The firm’s 50 day simple moving average is $78.53 and its two-hundred day simple moving average is $73.86. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The firm has a market cap of $10.93 billion, a PE ratio of 16.71 and a beta of 1.09.

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.