Choreo LLC Decreases Stake in Schwab U.S. Mid-Cap ETF $SCHM

Choreo LLC decreased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 25.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 79,980 shares of the company’s stock after selling 27,362 shares during the quarter. Choreo LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,371,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Denver PWM LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 4.9% during the 2nd quarter. Denver PWM LLC now owns 650,802 shares of the company’s stock valued at $18,255,000 after acquiring an additional 30,453 shares in the last quarter. Caprock Group LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter worth $697,000. Arkadios Wealth Advisors bought a new stake in Schwab U.S. Mid-Cap ETF during the third quarter valued at $727,000. Belpointe Asset Management LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 85.8% during the third quarter. Belpointe Asset Management LLC now owns 45,867 shares of the company’s stock worth $1,359,000 after purchasing an additional 21,177 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $478,000.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA SCHM opened at $32.89 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $33.18. The company has a 50-day simple moving average of $31.84 and a 200-day simple moving average of $30.42. The firm has a market capitalization of $13.47 billion, a PE ratio of 18.83 and a beta of 1.08.

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.