Palisade Asset Management LLC Invests $256,000 in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Palisade Asset Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,404 shares of the company’s stock, valued at approximately $256,000.

A number of other institutional investors have also bought and sold shares of the company. WestHill Financial Advisors Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $28,000. Fifth Third Bancorp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares during the period. NBC Securities Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at $37,000. North Star Investment Management Corp. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $39,000. Finally, VisionPoint Advisory Group LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 10,957.1% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 774 shares of the company’s stock valued at $52,000 after buying an additional 767 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.1 %

Schwab U.S. Mid-Cap ETF stock traded up $0.10 during midday trading on Tuesday, reaching $79.19. The stock had a trading volume of 316,551 shares, compared to its average volume of 328,071. The company has a fifty day moving average price of $78.67 and a two-hundred day moving average price of $74.34. The company has a market capitalization of $11.35 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74.

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.