Voisard Asset Management Group Inc. Lowers Holdings in Schwab U.S. Mid-Cap ETF $SCHM

Voisard Asset Management Group Inc. lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 32.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,011 shares of the company’s stock after selling 25,773 shares during the period. Schwab U.S. Mid-Cap ETF makes up 0.4% of Voisard Asset Management Group Inc.’s holdings, making the stock its 26th biggest holding. Voisard Asset Management Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,601,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in 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 buying an additional 15,538 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after acquiring an additional 75,941 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 467.1% in the first quarter. Russell Investments Group Ltd. now owns 2,444 shares of the company’s stock valued at $64,000 after acquiring an additional 2,013 shares in the last quarter. Sax Wealth Advisors LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the first quarter valued at $246,000. Finally, Smartleaf Asset Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 544.5% during the 1st quarter. Smartleaf Asset Management LLC now owns 19,310 shares of the company’s stock worth $505,000 after purchasing an additional 16,314 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $30.75 on Tuesday. The company has a market cap of $12.50 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The stock’s 50-day moving average is $29.75 and its two-hundred day moving average is $29.19. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.91.

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.