Dakota Wealth Management decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 32.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,642 shares of the company’s stock after selling 24,248 shares during the quarter. Dakota Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,421,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atwood & Palmer Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $25,000. Roxbury Financial LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $39,000. Bulwark Capital Corp bought a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $58,000. Webster Bank N. A. purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at about $60,000. Finally, Russell Investments Group Ltd. boosted its position in Schwab U.S. Mid-Cap ETF by 467.1% during the 1st quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock valued at $64,000 after buying an additional 2,013 shares during the period.
Schwab U.S. Mid-Cap ETF Stock Performance
NYSEARCA:SCHM opened at $29.61 on Friday. The firm has a 50-day simple moving average of $29.24 and a two-hundred day simple moving average of $27.55. The firm has a market cap of $12.20 billion, a P/E ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28.
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.
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