Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by True North Advisors LLC

True North Advisors LLC lessened its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,978 shares of the company’s stock after selling 19,073 shares during the period. True North Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,748,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in Schwab U.S. Mid-Cap ETF by 8.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock valued at $214,880,000 after buying an additional 616,733 shares during the period. Advisory Alpha LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 27.7% during the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the period. Cerity Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.9% in the 1st quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock valued at $180,996,000 after purchasing an additional 193,939 shares in the last quarter. Legacy Wealth Management Inc raised its holdings in Schwab U.S. Mid-Cap ETF by 0.6% in the 1st quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in Schwab U.S. Mid-Cap ETF by 28.6% during the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after purchasing an additional 368,908 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $29.29 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 company has a market cap of $12.07 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. The stock has a 50 day simple moving average of $29.22 and a 200-day simple moving average of $27.53.

Schwab U.S. Mid-Cap ETF 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.