Stordahl Capital Management Inc. Increases Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Stordahl Capital Management Inc. raised its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 197.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,639 shares of the company’s stock after buying an additional 13,036 shares during the period. Stordahl Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $544,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Advisory Alpha LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc raised its stake in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after buying an additional 2,804,735 shares during the period. Fragasso Financial Advisors Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after buying an additional 2,234,519 shares in the last quarter. Summit Financial Strategies Inc. grew its stake in Schwab U.S. Mid-Cap ETF by 194.9% in the 4th quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock valued at $53,757,000 after acquiring an additional 1,282,163 shares during the period. Finally, Gemmer Asset Management LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 209.9% during the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock valued at $42,028,000 after purchasing an additional 1,027,320 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $28.90 on Thursday. The stock has a market capitalization of $4.14 billion, a P/E ratio of 16.47 and a beta of 1.09. The business has a 50 day simple moving average of $28.75 and a two-hundred day simple moving average of $27.79. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month 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.