Elwood & Goetz Wealth Advisory Group LLC Lowers Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Elwood & Goetz Wealth Advisory Group LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 65.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 357,923 shares of the company’s stock after selling 668,568 shares during the period. Schwab U.S. Mid-Cap ETF accounts for about 2.0% of Elwood & Goetz Wealth Advisory Group LLC’s investment portfolio, making the stock its 11th largest position. Elwood & Goetz Wealth Advisory Group LLC owned 0.09% of Schwab U.S. Mid-Cap ETF worth $10,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of SCHM. Brighton Jones LLC boosted 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 last quarter. Revolve Wealth Partners LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after buying an additional 75,941 shares during the period. Royal Bank of Canada boosted its holdings in Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after acquiring an additional 7,443 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Schwab U.S. Mid-Cap ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after acquiring an additional 4,886 shares during the period. Finally, Parallel Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 1.5% during the second quarter. Parallel Advisors LLC now owns 39,187 shares of the company’s stock valued at $1,099,000 after acquiring an additional 570 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $31.83 on Thursday. The stock’s 50-day moving average is $30.18 and its 200-day moving average is $29.58. The company has a market cap of $13.02 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $31.88.

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.