Integrated Capital Management LLC Buys 40,689 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Integrated Capital Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 207.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,301 shares of the company’s stock after buying an additional 40,689 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 0.9% of Integrated Capital Management LLC’s portfolio, making the stock its 21st largest position. Integrated Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 33.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after buying an additional 574,475 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 217.7% in the third quarter. Chicago Partners Investment Group LLC now owns 615,663 shares of the company’s stock valued at $51,155,000 after purchasing an additional 421,888 shares during the period. Trinity Legacy Partners LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 217.5% in the third quarter. Trinity Legacy Partners LLC now owns 436,706 shares of the company’s stock valued at $36,286,000 after purchasing an additional 299,153 shares during the period. Campbell Wealth Management purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $24,509,000. Finally, Cerity Partners LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after purchasing an additional 287,937 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM traded up $0.26 on Friday, reaching $27.93. 378,377 shares of the company’s stock traded hands, compared to its average volume of 911,073. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $30.28. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a 50 day moving average price of $28.72 and a 200-day moving average price of $27.44.

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.