Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Spire Wealth Management

Spire Wealth Management reduced its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,759 shares of the company’s stock after selling 806 shares during the quarter. Spire Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SCHM. Wealth Group Ltd. boosted its holdings in Schwab U.S. Mid-Cap ETF by 199.3% in the 4th quarter. Wealth Group Ltd. now owns 108,625 shares of the company’s stock worth $3,010,000 after acquiring an additional 72,326 shares during the period. Brighton Jones LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after purchasing an additional 75,941 shares during the period. White & Co Financial Planning Inc acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $11,858,000. Finally, Bank of New York Mellon Corp increased its stake in Schwab U.S. Mid-Cap ETF by 522.7% during the 4th quarter. Bank of New York Mellon Corp now owns 31,928 shares of the company’s stock worth $885,000 after buying an additional 26,801 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $27.95 on Friday. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.28. The stock’s 50-day simple moving average is $26.84 and its 200-day simple moving average is $27.17. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.