ProVise Management Group LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 4.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 356,503 shares of the company’s stock after selling 14,918 shares during the quarter. ProVise Management Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,720,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of SCHM. Fifth Third Bancorp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth about $30,000. Accredited Wealth Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares in the last quarter. Ransom Advisory Ltd purchased a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at approximately $32,000. Guerra Advisors Inc acquired a new position in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 54.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of NYSEARCA SCHM opened at $33.67 on Friday. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.97 and a 12 month high of $34.21. The firm’s 50 day simple moving average is $32.12 and its 200-day simple moving average is $31.07.
About Schwab U.S. Mid-Cap ETF
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.
See Also
Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report).
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