Lodestar Private Asset Management LLC Sells 17,929 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Lodestar Private Asset Management LLC decreased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 476,995 shares of the company’s stock after selling 17,929 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 1.4% of Lodestar Private Asset Management LLC’s holdings, making the stock its 20th largest position. Lodestar Private Asset Management LLC owned approximately 0.11% of Schwab U.S. Mid-Cap ETF worth $16,227,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Financial Solutions Advisory Group Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF in the first quarter worth about $39,615,000. Triangle Securities Wealth Management bought a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $17,977,000. Bangor Savings Bank acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $16,086,000. Courage Miller Partners LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $15,549,000. Finally, Avior Wealth Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $13,366,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.5%

SCHM stock opened at $34.86 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.25 and a 52 week high of $36.92. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. The firm’s 50-day moving average is $34.97 and its two-hundred day moving average is $34.03.

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.