Thrivent Financial for Lutherans Raises Position in Schwab U.S. Mid-Cap ETF $SCHM

Thrivent Financial for Lutherans raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,072,838 shares of the company’s stock after buying an additional 148,197 shares during the period. Thrivent Financial for Lutherans’ holdings in Schwab U.S. Mid-Cap ETF were worth $62,950,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Accredited Wealth Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after buying an additional 502 shares during the period. Ransom Advisory Ltd purchased a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at approximately $32,000. Guerra Advisors Inc purchased a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $33,000. Finally, International Assets Investment Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at approximately $36,000.

Schwab U.S. Mid-Cap ETF Stock Down 1.7%

Shares of SCHM stock opened at $33.95 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $26.45 and a 52 week high of $35.03. The stock has a market capitalization of $14.26 billion, a PE ratio of 18.83 and a beta of 1.04. The firm has a 50 day moving average of $32.50 and a two-hundred day moving average of $31.50.

Schwab U.S. Mid-Cap ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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