Clear Creek Financial Management LLC Has $8.93 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Clear Creek Financial Management LLC increased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 201.3% in the fourth quarter, HoldingsChannel reports. The firm owned 322,319 shares of the company’s stock after purchasing an additional 215,347 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 1.0% of Clear Creek Financial Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Clear Creek Financial Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $8,931,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCHM. Advisory Alpha LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc grew its position in 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 acquiring an additional 2,804,735 shares during the last quarter. Fragasso Financial Advisors Inc increased its holdings in 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 purchasing an additional 2,234,519 shares in the last quarter. Summit Financial Strategies Inc. raised its position 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 stake in Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Gemmer Asset Management LLC now owns 1,516,709 shares of the company’s stock worth $42,028,000 after purchasing an additional 1,027,320 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $28.94 on Friday. The business has a fifty day moving average of $28.75 and a 200-day moving average of $27.80. The firm has a market cap of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $24.54 and a twelve 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.