Dynamic Advisor Solutions LLC Has $20.03 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

Dynamic Advisor Solutions LLC lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 28.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 666,013 shares of the company’s stock after selling 266,516 shares during the period. Dynamic Advisor Solutions LLC owned 0.16% of Schwab U.S. Mid-Cap ETF worth $20,027,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Fifth Third Bancorp bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $30,000. Accredited Wealth Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after purchasing an additional 502 shares during the period. Ransom Advisory Ltd bought a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $32,000. Guerra Advisors Inc bought a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the second 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.

Schwab U.S. Mid-Cap ETF Trading Down 2.4%

NYSEARCA:SCHM opened at $30.47 on Monday. The stock has a 50-day moving average price of $32.09 and a two-hundred day moving average price of $30.67. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $33.18. The stock has a market cap of $12.48 billion, a price-to-earnings 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.