Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 364,002 shares of the company’s stock after selling 19,615 shares during the quarter. Commonwealth Equity Services LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $10,789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SCHM. Atwood & Palmer Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $25,000. Creative Capital Management Investments LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at approximately $38,000. Roxbury Financial LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $39,000. Geneos Wealth Management Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after purchasing an additional 519 shares during the period. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $42,000.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $31.67 on Monday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $31.73. The company has a market capitalization of $12.96 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The firm’s fifty day moving average price is $30.03 and its 200 day moving average price is $29.51.

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.