Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC reduced its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 367,102 shares of the company’s stock after selling 26,663 shares during the period. HBK Sorce Advisory LLC owned about 0.09% of Schwab U.S. Mid-Cap ETF worth $10,940,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Atwood & Palmer Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $25,000. Creative Capital Management Investments LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at $38,000. Roxbury Financial LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth $39,000. Geneos Wealth Management Inc. grew its stake in 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 worth $41,000 after purchasing an additional 519 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $42,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $30.65 on Monday. The stock has a 50-day simple moving average of $29.83 and a 200-day simple moving average of $29.28. The stock has a market capitalization of $12.45 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.91.

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.