Pacific Sage Partners LLC Increases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Pacific Sage Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 207.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 466,248 shares of the company’s stock after buying an additional 314,353 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 2.9% of Pacific Sage Partners LLC’s portfolio, making the stock its 8th biggest holding. Pacific Sage Partners LLC owned about 0.33% of Schwab U.S. Mid-Cap ETF worth $12,920,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bush Investment Group LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock worth $10,667,000 after acquiring an additional 673 shares during the last quarter. Denver PWM LLC increased its position in Schwab U.S. Mid-Cap ETF by 2.8% in the third quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC increased its position in Schwab U.S. Mid-Cap ETF by 1.6% in the third quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock worth $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 10.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after purchasing an additional 747 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.9 %

Shares of NYSEARCA SCHM opened at $28.94 on Friday. The firm has a market capitalization of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. The firm’s 50-day moving average is $28.73 and its 200-day moving average is $27.82. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.54 and a 1 year 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.