Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC cut its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,702,781 shares of the company’s stock after selling 39,004 shares during the period. Waverly Advisors LLC owned 0.41% of Schwab U.S. Mid-Cap ETF worth $52,718,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Brighton Jones LLC increased its stake in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC boosted its stake 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 buying an additional 75,941 shares during the period. Royal Bank of Canada boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after buying an additional 7,443 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock worth $12,707,000 after buying an additional 4,886 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 37.4% during the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after buying an additional 915 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.5%

Shares of SCHM stock opened at $34.99 on Friday. The stock has a market capitalization of $14.59 billion, a PE ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The stock’s 50-day moving average price is $35.46 and its 200 day moving average price is $33.45.

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.