Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by WBH Advisory Inc.

WBH Advisory Inc. trimmed its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 75,144 shares of the company’s stock after selling 2,596 shares during the period. WBH Advisory Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,108,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SCHM. Advisory Alpha LLC grew its holdings 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 in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $40,844,000. Northwestern Mutual Wealth Management Co. lifted its position in Schwab U.S. Mid-Cap ETF by 8.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after acquiring an additional 616,733 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of 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 valued at $43,409,000 after buying an additional 368,908 shares during the last quarter. Finally, Focus Partners Wealth raised its position in shares of Schwab U.S. Mid-Cap ETF by 78.9% during the first quarter. Focus Partners Wealth now owns 640,723 shares of the company’s stock valued at $16,787,000 after buying an additional 282,489 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $29.49 on Monday. The firm has a market capitalization of $12.11 billion, a P/E ratio of 18.83 and a beta of 1.13. The company has a 50-day simple moving average of $29.53 and a 200-day simple moving average of $27.91. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28.

About Schwab U.S. Mid-Cap ETF

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.