As 3M Co (MMM) Share Value Declined, Holder Delta Asset Management Lifted Its Stake; Charles …

… FOR CEO COMPENSATION – SEC FILING; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; 24/04/2018 – 3M 1Q Adj EPS $2.50.

3M Company (NYSE:MMM) Logo

Delta Asset Management Llc increased its stake in 3M Co (MMM) by 3.59% based on its latest 2019Q2 regulatory filing with the SEC. Delta Asset Management Llc bought 5,322 shares as the company’s stock declined 6.10% . The institutional investor held 153,449 shares of the medical and dental instruments company at the end of 2019Q2, valued at $26.60M, up from 148,127 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in 3M Co for a number of months, seems to be bullish on the $98.17B market cap company. The stock increased 0.50% or $0.86 during the last trading session, reaching $171.44. About 2.35M shares traded. 3M Company (NYSE:MMM) has declined 14.82% since September 15, 2018 and is downtrending. It has underperformed by 14.82% the S&P500. Some Historical MMM News: 23/04/2018 – Orthodontic Supplies Market to Hit 8.9% CAGR to 2023, Led by Align Technology, Inc. (US), 3M Company (US), and Danaher; 05/03/2018 – 3M NAMES MICHAEL ROMAN CEO REPORTS NEW LEADERSHIP APPOINTMENTS; 16/05/2018 – Amphenol Corporation vs 3M Innovative Properties Company | Terminated-Settled | 05/16/2018; 21/05/2018 – ALJ REGIONAL HOLDINGS INC – REAFFIRMS GUIDANCE RANGE FOR FULL FISCAL YEAR ENDING SEPT 30, 2018 – SEC FILING; 09/03/2018 – FDA: 3M Company – Health Care Business- ACE (TM) BRAND, DELUXE ANKLE BRACE, 207736, UPC 0 51131 20387 7; 04/04/2018 – 3M Announces New Leadership Appointment; 25/05/2018 – Hartford Value HLS Adds US Foods Holding, Exits 3M Co; 09/05/2018 – 3M CO – STOCKHOLDERS DID NOT APPROVE STOCKHOLDER PROPOSAL ON SETTING TARGET AMOUNTS FOR CEO COMPENSATION – SEC FILING; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; 24/04/2018 – 3M 1Q Adj EPS $2.50

Enterprise Financial Services Corp decreased its stake in Charles Sch (Call) (SCHW) by 99.81% based on its latest 2019Q2 regulatory filing with the SEC. Enterprise Financial Services Corp sold 3,614 shares as the company’s stock declined 5.14% . The institutional investor held 7 shares of the investment bankers and brokers and service company at the end of 2019Q2, valued at $1,000, down from 3,621 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Charles Sch (Call) for a number of months, seems to be less bullish one the $57.02 billion market cap company. The stock increased 1.28% or $0.55 during the last trading session, reaching $43.62. About 6.55 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has declined 15.78% since September 15, 2018 and is downtrending. It has underperformed by 15.78% the S&P500. Some Historical SCHW News: 25/04/2018 – Taking Charles Schwab to Europe ‘Unlikely,’ CEO Says (Video); 15/05/2018 – Most Americans Don’t Have a Financial Plan, and Many Think Their Wealth Doesn’t Deserve One; 16/04/2018 – Schwab Reports Record Quarterly Net Income of $783 Million, Up 39%; 24/04/2018 – Schwab Intelligent Advisory™ Named Winner of a Celent 2018 Model Wealth Manager Award; 25/04/2018 – Charles Schwab CEO Sees Competition Among Traders, Indexes, and Advice Side (Video); 14/03/2018 – CHARLES SCHWAB CORP – TOTAL CLIENT ASSETS WERE $3.33 TRILLION AS OF MONTH-END FEBRUARY, UP 15% FROM FEBRUARY 2017; 19/03/2018 – Schwab US Broad Market ETF Closes Below 50-D-MA: Technicals; 25/05/2018 – Schwab International Equity ETF Goes Below 50-D-MA: Technicals; 12/04/2018 – Schwab U.S. REIT ETF Closes Below 50-Day Average: Technicals; 23/03/2018 – Schwab Intermediate-Term U.S. Treasury ETF Closes Above 50D-MA

Investors sentiment decreased to 0.86 in 2019 Q2. Its down 0.12, from 0.98 in 2019Q1. It worsened, as 82 investors sold MMM shares while 561 reduced holdings. 112 funds opened positions while 440 raised stakes. 375.71 million shares or 0.03% less from 375.82 million shares in 2019Q1 were reported. 342,801 were reported by Fifth Third Comml Bank. Riggs Asset Managment invested 0.01% of its portfolio in 3M Company (NYSE:MMM). Diker Ltd Liability Corporation stated it has 3,935 shares. Winfield Inc invested in 0.55% or 6,102 shares. Findlay Park Prtn Llp accumulated 412,668 shares or 0.64% of the stock. Highstreet Asset Management reported 198,374 shares or 1.66% of all its holdings. Voloridge Inv Mngmt Limited holds 0.45% or 93,240 shares in its portfolio. Moreover, Cibc Asset has 0.05% invested in 3M Company (NYSE:MMM). Keybank Natl Association Oh stated it has 0.77% in 3M Company (NYSE:MMM). Umb Fincl Bank N A Mo holds 52,365 shares or 0.22% of its portfolio. Cincinnati Specialty Underwriters Insur Company has invested 4.29% in 3M Company (NYSE:MMM). Federated Inc Pa stated it has 17,328 shares or 0.01% of all its holdings. Mirae Asset Invs Comm Ltd has invested 0.03% of its portfolio in 3M Company (NYSE:MMM). Wills Grp holds 1.09% or 9,669 shares in its portfolio. Bollard Grp Ltd Liability Co reported 0.25% stake.

Since May 9, 2019, it had 1 insider purchase, and 0 sales for $176,260 activity.

More notable recent 3M Company (NYSE:MMM) news were published by: Digitaljournal.com which released: “NYSE:MMM Shareholder Notice: Lawsuit Alleges Misleading Statements by 3M Company – Press Release – Digital Journal” on August 20, 2019, also Globenewswire.com with their article: “SHAREHOLDER ALERT: MMM CTST GTT CAH: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines – GlobeNewswire” published on September 05, 2019, Finance.Yahoo.com published: “Why Is 3M (MMM) Down 12.5% Since Last Earnings Report? – Yahoo Finance” on August 24, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for MMM, EROS, LB and NGHC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” published on August 20, 2019 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for MMM, LB, CAH and PS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” with publication date: September 03, 2019.

Since May 3, 2019, it had 2 insider purchases, and 0 selling transactions for $215,617 activity. Ruffel Charles A. bought $115,250 worth of stock.

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on October, 21. They expect $0.67 earnings per share, up 3.08% or $0.02 from last year’s $0.65 per share. SCHW’s profit will be $875.81 million for 16.28 P/E if the $0.67 EPS becomes a reality. After $0.66 actual earnings per share reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 1.52% EPS growth.

More notable recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Finance.Yahoo.com which released: “Does Charles Schwab (NYSE:SCHW) Deserve A Spot On Your Watchlist? – Yahoo Finance” on August 26, 2019, also Finance.Yahoo.com with their article: “What Should You Know About The Charles Schwab Corporation’s (NYSE:SCHW) Growth? – Yahoo Finance” published on May 30, 2019, Finance.Yahoo.com published: “Does Charles Schwab’s (NYSE:SCHW) Share Price Gain of 74% Match Its Business Performance? – Yahoo Finance” on May 03, 2019. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) were released by: Seekingalpha.com and their article: “Wolfe goes bullish on Schwab – Seeking Alpha” published on September 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Should You Buy The Charles Schwab Corporation (NYSE:SCHW) For Its Upcoming Dividend In 4 Days? – Yahoo Finance” with publication date: August 03, 2019.

Investors sentiment decreased to 1.25 in 2019 Q2. Its down 0.43, from 1.68 in 2019Q1. It dived, as 47 investors sold SCHW shares while 286 reduced holdings. 105 funds opened positions while 311 raised stakes. 995.17 million shares or 2.31% less from 1.02 billion shares in 2019Q1 were reported. 70,881 are owned by Spinnaker Trust. Chilton Mngmt Lc invested 0.79% in The Charles Schwab Corporation (NYSE:SCHW). Public Employees Retirement Association Of Colorado has 0.38% invested in The Charles Schwab Corporation (NYSE:SCHW). Metropolitan Life New York reported 237,560 shares. Wellington Management Limited Liability Partnership has 0.05% invested in The Charles Schwab Corporation (NYSE:SCHW) for 5.79 million shares. Geode Capital Limited Liability holds 0.15% or 15.02M shares in its portfolio. 11,187 are owned by Oak Ridge Ltd Com. University Of Notre Dame Du Lac stated it has 202,700 shares. Bb&T Securities Ltd Liability Co owns 378,627 shares. Essex Investment Mngmt Lc reported 0.21% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Jacobs & Communication Ca reported 137,837 shares stake. Moreover, Legal General Public Limited Liability Company has 0.15% invested in The Charles Schwab Corporation (NYSE:SCHW) for 7.05M shares. New York-based M&R Capital Mgmt has invested 0.01% in The Charles Schwab Corporation (NYSE:SCHW). Royal State Bank Of Canada invested 0.06% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Cibc Ww Corporation invested in 443,382 shares.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Positions Chart

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Vanguard Mid-Cap ETF (NYSEARCA:VO) Shares Acquired by Folger Nolan Fleming Douglas …

The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund. Recommended Story: How are capital …

Vanguard Mid-Cap ETF logoFolger Nolan Fleming Douglas Capital Management Inc. grew its holdings in Vanguard Mid-Cap ETF (NYSEARCA:VO) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,649 shares of the company’s stock after purchasing an additional 761 shares during the period. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Vanguard Mid-Cap ETF were worth $5,792,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its stake in Vanguard Mid-Cap ETF by 9.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 16,730 shares of the company’s stock worth $2,689,000 after acquiring an additional 1,381 shares in the last quarter. First Republic Investment Management Inc. lifted its stake in Vanguard Mid-Cap ETF by 3.4% during the 1st quarter. First Republic Investment Management Inc. now owns 191,629 shares of the company’s stock worth $30,804,000 after acquiring an additional 6,355 shares in the last quarter. SOL Capital Management CO lifted its stake in Vanguard Mid-Cap ETF by 10.4% during the 1st quarter. SOL Capital Management CO now owns 79,970 shares of the company’s stock worth $12,855,000 after acquiring an additional 7,554 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Vanguard Mid-Cap ETF by 40.6% during the 1st quarter. Janus Henderson Group PLC now owns 15,298 shares of the company’s stock worth $2,459,000 after acquiring an additional 4,415 shares in the last quarter. Finally, Dearborn Partners LLC acquired a new position in Vanguard Mid-Cap ETF during the 1st quarter worth about $208,000.

VO opened at $169.24 on Friday. The stock’s 50-day moving average price is $165.51 and its 200 day moving average price is $164.05. Vanguard Mid-Cap ETF has a 12-month low of $129.51 and a 12-month high of $171.55.

Vanguard Mid-Cap ETF Profile

Vanguard Mid-Cap ETF is an exchange-traded fund. Vanguard Mid-Cap Index Fund seeks to track the performance of the MSCI US Mid Cap 450 Index representing medium-size United States firms. The portfolio holds all stocks in the same capitalization weighting as the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.

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Institutional Ownership by Quarter for Vanguard Mid-Cap ETF (NYSEARCA:VO)

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Associated Banc Corp Has $6.04 Million Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

The Vanguard Group, Inc provides investment advisory services to the Fund. Recommended Story: What is the formula for calculating total return?

Vanguard Real Estate ETF logoAssociated Banc Corp increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 69,085 shares of the exchange traded fund’s stock after acquiring an additional 3,137 shares during the quarter. Associated Banc Corp’s holdings in Vanguard Real Estate ETF were worth $6,038,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rikoon Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $316,000. Savant Capital LLC acquired a new position in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $1,244,000. Advisors Preferred LLC boosted its holdings in shares of Vanguard Real Estate ETF by 170.2% in the 2nd quarter. Advisors Preferred LLC now owns 1,913 shares of the exchange traded fund’s stock valued at $167,000 after buying an additional 1,205 shares during the period. IFG Advisory LLC boosted its holdings in shares of Vanguard Real Estate ETF by 7.7% in the 2nd quarter. IFG Advisory LLC now owns 10,915 shares of the exchange traded fund’s stock valued at $954,000 after buying an additional 780 shares during the period. Finally, Enterprise Trust & Investment Co acquired a new position in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $3,176,000.

NYSEARCA VNQ opened at $91.64 on Friday. The company has a 50-day simple moving average of $90.85 and a 200-day simple moving average of $88.16. Vanguard Real Estate ETF has a one year low of $71.08 and a one year high of $94.07.

Vanguard Real Estate ETF Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.

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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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Detroit’s only ETF firm tackles growing business far from Wall Street — with a UM twist

With East Coast behemoths such as BlackRock and The Vanguard Group owning most of the market share, and hundreds of smaller companies …

Around the late 1980s, Fornell began considering the application of his research to the stock market.

“It’s not a big jump in intellectual ideas to say, you’re probably better off as a company with satisfied customers, but nobody had measured this on a big scale,” Fornell said. “I thought, ‘OK, that’s pretty obvious.’ Then I thought, ‘OK, are investors looking at this?’ And the answer was no.”

Fornell tested his theory in 2009 by launching a hedge fund based on the ACSI. It provided good returns for a while, he said, but fizzled out with the high fees and popularity decline of hedge funds. In 2016, he received a call out of the blue from Bak, a managing director at the NYSE who had followed Fornell’s research from afar and had been itching to apply his ETF expertise elsewhere.

“He said he was in Kmart one day, and it was just awful, and he asked me, ‘Has anyone tried investing in companies that treat people well?’ and I said, ‘Well, you probably called the right person,'” Fornell recalled. “I was not familiar with the ETF market. He was one of the world’s experts, so I thought, ‘Gee, this is a great combination.'”

With Fornell the primary funder (he’s invested about $4 million into operations of the company), Bak assembled a team and created a fund that tracks stocks based on the consumer satisfaction ratings of companies.

“We wanted to deliver Dr. Fornell’s thesis about customer satisfaction and stock pricing, and we wanted to do it with the most cutting-edge investment fund,” Bak said.

Since ETFs were first made available in the early 1990s, more than 5,000 have been developed. The largest ETF manager is BlackRock, which has more than $1.3 trillion in assets under management across several funds.

ETF funds are composed of dozens of different securities, including stocks, bonds and commodities, that track underlying indexes. The ACSI is designed to favor companies that get good reviews from customers.

“Basically, let’s take all the companies that are getting a five-star rating on Amazon and overweight those companies,” explained Sam Huszczo, owner of Southfield-based SGH Wealth Management, which handles $160 million in assets that are mostly invested in ETFs.

Huszczo, an eager but cautious adopter of ETFs, said he is not an investor in Exponential’s products. He said as a rule he sticks to funds that have been around for many years — long enough to prove they track an index as designed. Thematic ETFs are grabbing the attention of investors, but many are little more than flavors of the month, he said. For example, esports and marijuana ETFs are exploding in popularity.

Exponential charges 0.66 percent in management fees for the ACSI fund. For comparison, the Vanguard S&P 500 ETF charges only 0.04 percent in fees, while a typical mutual fund manager charges an average of 2 percent. The ACSI fund has produced a year-to-date return of 16.47 percent, compared with the S&P 500’s return of 18.54 percent, according to its website.

“I think their core products are interesting,” Huszczo said of Exponential ETFs. “(Bak) has certainly made a name for himself in this world. I think it’s impressive that he’s done it through Detroit.”

Chris Fragner, principal of Ann Arbor-based Sage Hill Capital, said around one-third of the firm’s $135 million in assets are in ETFs. He said he invested in the ACSI shortly after it was launched.

“We were believers in the research. It was the reason we were an early adopter,” Fragner said. “Customer satisfaction is important because when a recession comes, people tend to go where they found value. (There is) potential for outperformance in the next recession with this ETF.”

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SPDR S&P Biotech ETF (NYSEARCA:XBI) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 1.1% in the second quarter, according to …

SPDR S&P Biotech ETF logoHighTower Advisors LLC decreased its holdings in shares of SPDR S&P Biotech ETF (NYSEARCA:XBI) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,902 shares of the exchange traded fund’s stock after selling 1,938 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P Biotech ETF were worth $14,714,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of XBI. LPL Financial LLC grew its stake in SPDR S&P Biotech ETF by 1.0% during the 2nd quarter. LPL Financial LLC now owns 219,154 shares of the exchange traded fund’s stock valued at $19,222,000 after acquiring an additional 2,096 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P Biotech ETF by 13.6% in the second quarter. Envestnet Asset Management Inc. now owns 25,405 shares of the exchange traded fund’s stock valued at $2,228,000 after purchasing an additional 3,042 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in SPDR S&P Biotech ETF by 5.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,019 shares of the exchange traded fund’s stock worth $3,714,000 after buying an additional 2,083 shares in the last quarter. Verity Asset Management Inc. increased its stake in shares of SPDR S&P Biotech ETF by 20.6% in the 2nd quarter. Verity Asset Management Inc. now owns 25,594 shares of the exchange traded fund’s stock worth $2,436,000 after acquiring an additional 4,374 shares during the last quarter. Finally, Fulcrum Capital LLC increased its stake in shares of SPDR S&P Biotech ETF by 4.2% in the 1st quarter. Fulcrum Capital LLC now owns 72,371 shares of the exchange traded fund’s stock worth $6,552,000 after acquiring an additional 2,889 shares during the last quarter.

Shares of XBI opened at $82.40 on Friday. SPDR S&P Biotech ETF has a 52-week low of $64.38 and a 52-week high of $97.60. The stock has a fifty day simple moving average of $82.22 and a two-hundred day simple moving average of $85.43.

SPDR S&P Biotech ETF Company Profile

SPDR S&P Biotech ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Biotechnology Select Industry Index. The S&P Biotechnology Select Industry Index represents the biotechnology sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.

Further Reading: What is an Initial Coin Offering (ICO)?

Want to see what other hedge funds are holding XBI?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Biotech ETF (NYSEARCA:XBI).

Institutional Ownership by Quarter for SPDR S&P Biotech ETF (NYSEARCA:XBI)

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