Schwab U.S. Mid-Cap ETF $SCHM Stake Lessened by Armor Investment Advisors LLC

Armor Investment Advisors LLC decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,134 shares of the company’s stock after selling 1,750 shares during the quarter. Armor Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of SCHM. Brighton Jones LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the 4th 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 holdings in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares during the period. AE Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 18.6% during the first quarter. AE Wealth Management LLC now owns 7,882 shares of the company’s stock valued at $206,000 after purchasing an additional 1,234 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 2.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 37,647 shares of the company’s stock valued at $986,000 after buying an additional 910 shares during the period. Finally, LPL Financial LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1.1% in the 1st quarter. LPL Financial LLC now owns 1,648,859 shares of the company’s stock worth $43,200,000 after buying an additional 18,602 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 1.1%

Shares of NYSEARCA:SCHM opened at $29.24 on Tuesday. The firm has a fifty day moving average of $29.56 and a two-hundred day moving average of $28.77. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.31. The firm has a market capitalization of $11.88 billion, a P/E ratio of 18.83 and a beta of 1.08.

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.