Moisand Fitzgerald Tamayo LLC cut its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 3.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,453 shares of the company’s stock after selling 10,336 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 1.0% of Moisand Fitzgerald Tamayo LLC’s investment portfolio, making the stock its 16th biggest holding. Moisand Fitzgerald Tamayo LLC owned approximately 0.07% of Schwab U.S. Mid-Cap ETF worth $7,755,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $25,000. Roxbury Financial LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $39,000. Bulwark Capital Corp acquired a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $58,000. Webster Bank N. A. bought a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $60,000. Finally, Russell Investments Group Ltd. grew its position in shares of 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 worth $64,000 after buying an additional 2,013 shares during the period.
Schwab U.S. Mid-Cap ETF Trading Up 1.1%
NYSEARCA:SCHM opened at $29.61 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 has a market capitalization of $12.20 billion, a PE ratio of 18.83 and a beta of 1.13. The firm has a fifty day simple moving average of $29.24 and a 200 day simple moving average of $27.55.
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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