Alpha Omega Wealth Management LLC Decreases Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Alpha Omega Wealth Management LLC reduced its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,188 shares of the company’s stock after selling 996 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHM. WestHill Financial Advisors Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $28,000. Worth Asset Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter worth about $29,000. Sound Income Strategies LLC raised its stake in Schwab U.S. Mid-Cap ETF by 77.1% during the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock worth $32,000 after purchasing an additional 205 shares during the period. Fifth Third Bancorp raised its stake in Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares during the period. Finally, NBC Securities Inc. purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter worth about $37,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.2 %

SCHM stock traded down $0.17 during trading on Wednesday, reaching $76.23. 194,876 shares of the stock were exchanged, compared to its average volume of 314,651. The business has a 50 day moving average price of $78.38 and a 200-day moving average price of $73.23. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year high of $81.74. The firm has a market capitalization of $10.90 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company 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.