Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 15.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 100,912 shares of the company’s stock after selling 18,337 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,034,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHM. HighTower Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.9% in the third quarter. HighTower Advisors LLC now owns 10,782,575 shares of the company’s stock valued at $319,596,000 after acquiring an additional 198,793 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 2.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,473,140 shares of the company’s stock worth $310,424,000 after purchasing an additional 200,917 shares during the period. Moneta Group Investment Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock valued at $297,031,000 after purchasing an additional 555,701 shares in the last quarter. Advisory Alpha LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the third quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after purchasing an additional 568,609 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,748,603 shares of the company’s stock valued at $180,506,000 after purchasing an additional 15,350 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $30.31 on Monday. The firm’s 50-day moving average is $31.99 and its two-hundred day moving average is $30.71. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $33.18. The firm has a market capitalization of $12.41 billion, a P/E ratio of 18.83 and a beta of 1.08.

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.