Independent Solutions Wealth Management LLC Sells 4,913 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Independent Solutions Wealth Management LLC cut its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,147 shares of the company’s stock after selling 4,913 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,917,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bush Investment Group LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.5% in the third quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after acquiring an additional 673 shares in the last quarter. Denver PWM LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock worth $16,989,000 after purchasing an additional 5,553 shares during the period. Synovus Financial Corp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock valued at $1,267,000 after purchasing an additional 7,626 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $66,000. Finally, World Investment Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock valued at $656,000 after buying an additional 747 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $27.71 on Wednesday. The company has a 50-day simple moving average of $28.72 and a two-hundred day simple moving average of $27.44. The firm has a market capitalization of $3.97 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.17 and a one year high of $30.28.

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.