Dynamic Advisor Solutions LLC Reduces Position in Schwab U.S. Mid-Cap ETF $SCHM

Dynamic Advisor Solutions LLC trimmed its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 932,529 shares of the company’s stock after selling 27,331 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 0.8% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 24th largest holding. Dynamic Advisor Solutions LLC owned approximately 0.23% of Schwab U.S. Mid-Cap ETF worth $27,640,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SCHM. Atwood & Palmer Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $25,000. Creative Capital Management Investments LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $38,000. Roxbury Financial LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $39,000. Geneos Wealth Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after acquiring an additional 519 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at about $42,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.5%

Schwab U.S. Mid-Cap ETF stock opened at $30.17 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.91. The stock has a market cap of $12.26 billion, a P/E ratio of 18.83 and a beta of 1.08. The company has a 50-day moving average price of $29.69 and a 200 day moving average price of $29.11.

Schwab U.S. Mid-Cap ETF Company 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.