Carolina Wealth Advisors LLC Lowers Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Carolina Wealth Advisors LLC trimmed its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 79.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,780 shares of the company’s stock after selling 114,039 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $883,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. EP Wealth Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 1.1% during the first quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock worth $967,000 after buying an additional 386 shares during the period. Von Berge Wealth Management Group LLC lifted its position in Schwab U.S. Mid-Cap ETF by 0.3% in the second quarter. Von Berge Wealth Management Group LLC now owns 116,818 shares of the company’s stock valued at $3,376,000 after purchasing an additional 395 shares during the period. LifePlan Financial LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.3% in the 2nd quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock valued at $595,000 after buying an additional 470 shares during the period. Alpha Omega Wealth Management LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 2nd quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock worth $4,052,000 after purchasing an additional 482 shares in the last quarter. Finally, Orca Investment Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.3% during the second quarter. Orca Investment Management LLC now owns 37,806 shares of the company’s stock worth $1,060,000 after buying an additional 503 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $30.15 on Wednesday. The company has a market cap of $12.25 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.91. The business’s fifty day moving average is $29.68 and its two-hundred day moving average is $29.10.

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.