West Coast Financial LLC Acquires 11,600 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

West Coast Financial LLC boosted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,400 shares of the company’s stock after acquiring an additional 11,600 shares during the period. West Coast Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $482,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SCHM. Bank of New York Mellon Corp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 53.7% in the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock valued at $462,000 after acquiring an additional 2,074 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 10.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock valued at $898,000 after purchasing an additional 1,131 shares during the period. Glass Jacobson Investment Advisors llc grew its position in shares of Schwab U.S. Mid-Cap ETF by 26.9% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 5,799 shares of the company’s stock worth $451,000 after purchasing an additional 1,230 shares in the last quarter. Cedar Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the second quarter. Cedar Wealth Management LLC now owns 16,531 shares of the company’s stock worth $1,287,000 after purchasing an additional 1,977 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Schwab U.S. Mid-Cap ETF by 7.9% in the second quarter. Thrivent Financial for Lutherans now owns 587,364 shares of the company’s stock valued at $45,714,000 after buying an additional 42,819 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.6 %

Shares of SCHM stock opened at $28.95 on Thursday. The stock has a 50 day simple moving average of $28.74 and a 200 day simple moving average of $27.58. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.17 and a 1 year high of $30.28. The stock has a market cap of $4.15 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.