Patton Albertson Miller Group LLC Sells 40,889 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Patton Albertson Miller Group LLC cut its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 86.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,683 shares of the company’s stock after selling 40,889 shares during the period. Patton Albertson Miller Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $227,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Legacy Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 1.0% in the third quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock valued at $147,319,000 after purchasing an additional 43,883 shares during the last quarter. Fragasso Financial Advisors Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 0.7% in the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after buying an additional 20,487 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock worth $57,157,000 after buying an additional 139,644 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Schwab U.S. Mid-Cap ETF by 9.5% during the first quarter. Cetera Investment Advisers now owns 1,285,570 shares of the company’s stock worth $39,801,000 after buying an additional 111,937 shares during the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth about $39,615,000.

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

Schwab U.S. Mid-Cap ETF stock opened at $34.86 on Wednesday. The firm has a market capitalization of $14.75 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 1 year low of $28.25 and a 1 year high of $36.92. The business has a 50-day moving average of $34.97 and a 200-day moving average of $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.