Watermark Asset Management Inc. Has $161,000 Holdings in Schwab U.S. Mid-Cap ETF (SCHM)

Watermark Asset Management Inc. lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,362 shares of the company’s stock after selling 277 shares during the period. Watermark Asset Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. SVA Plumb Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.6% in the 3rd quarter. SVA Plumb Wealth Management LLC now owns 1,547,480 shares of the company’s stock valued at $89,506,000 after buying an additional 9,713 shares during the period. Financial Engines Advisors L.L.C. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 32.9% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,045,559 shares of the company’s stock valued at $60,474,000 after purchasing an additional 259,121 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.2% in the 3rd quarter. HBK Sorce Advisory LLC now owns 969,315 shares of the company’s stock valued at $56,065,000 after purchasing an additional 21,154 shares in the last quarter. Legacy Wealth Management Inc boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 3rd quarter. Legacy Wealth Management Inc now owns 845,136 shares of the company’s stock valued at $48,883,000 after purchasing an additional 5,773 shares in the last quarter. Finally, Brouwer & Janachowski LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.6% in the 3rd quarter. Brouwer & Janachowski LLC now owns 715,264 shares of the company’s stock valued at $41,371,000 after purchasing an additional 4,184 shares in the last quarter.

Shares of NYSEARCA:SCHM opened at $50.79 on Monday. Schwab U.S. Mid-Cap ETF has a 52 week low of $44.97 and a 52 week high of $58.83.

The company also recently announced a quarterly dividend, which was paid on Monday, December 17th. Stockholders of record on Thursday, December 13th were paid a $0.2561 dividend. This represents a $1.02 annualized dividend and a dividend yield of 2.02%. The ex-dividend date was Wednesday, December 12th. This is an increase from Schwab U.S. Mid-Cap ETF’s previous quarterly dividend of $0.19.

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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:SCHM).

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

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