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

Vision Capital Management Inc. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 198.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,529 shares of the company’s stock after acquiring an additional 44,936 shares during the period. Vision Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,871,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHM. Advisory Alpha LLC grew its stake in Schwab U.S. Mid-Cap ETF by 195.3% during the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after acquiring an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 203.9% in the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 201.2% in the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares during the last quarter. Summit Financial Strategies Inc. boosted its holdings 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 purchasing an additional 1,282,163 shares during the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 209.9% in the 4th 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 during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $29.00 on Thursday. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company’s 50-day moving average is $28.68 and its two-hundred day moving average is $27.86. Schwab U.S. Mid-Cap ETF has a 1-year low of $24.64 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.