OxenFree Capital LLC Makes New $5.96 Million Investment in Schwab U.S. Mid-Cap ETF $SCHM

OxenFree Capital LLC acquired a new stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 180,743 shares of the company’s stock, valued at approximately $5,965,000. Schwab U.S. Mid-Cap ETF accounts for about 2.9% of OxenFree Capital LLC’s investment portfolio, making the stock its 12th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in Schwab U.S. Mid-Cap ETF by 4.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,932,629 shares of the company’s stock worth $328,744,000 after buying an additional 459,489 shares during the period. Moneta Group Investment Advisors LLC boosted its position in Schwab U.S. Mid-Cap ETF by 6.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after buying an additional 648,134 shares during the period. Advisory Alpha LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the third quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock worth $267,436,000 after acquiring an additional 568,609 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock worth $180,506,000 after acquiring an additional 15,350 shares in the last quarter. Finally, Legacy Wealth Management Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.7% in the fourth quarter. Legacy Wealth Management Inc now owns 4,319,152 shares of the company’s stock worth $129,877,000 after acquiring an additional 114,417 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $36.09 on Monday. The firm has a market capitalization of $15.16 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a twelve month low of $27.10 and a twelve month high of $36.65. The stock’s fifty day simple moving average is $34.50 and its 200-day simple moving average is $32.53.

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.