Gradient Investments LLC Sells 673 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Gradient Investments LLC lowered its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 29.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,606 shares of the company’s stock after selling 673 shares during the quarter. Gradient Investments LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $121,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Mengis Capital Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock valued at $3,534,000 after acquiring an additional 175 shares during the period. Donaldson Capital Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at $862,000. Strategic Financial Planning Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Strategic Financial Planning Inc. now owns 25,035 shares of the company’s stock valued at $1,694,000 after acquiring an additional 307 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 283.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 33,392 shares of the company’s stock valued at $2,260,000 after acquiring an additional 24,690 shares during the period. Finally, Greenwood Gearhart Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 3.6% during the 3rd quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock valued at $335,000 after acquiring an additional 170 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.3 %

SCHM opened at $81.43 on Friday. The business has a fifty day moving average of $77.32 and a 200 day moving average of $72.31. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The stock has a market cap of $11.30 billion, a P/E ratio of 12.93 and a beta of 1.13.

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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