Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Cynosure Group LLC

Cynosure Group LLC lowered its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 42.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,595 shares of the company’s stock after selling 21,459 shares during the quarter. Cynosure Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $860,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHM. Brighton Jones LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the 4th quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after acquiring an additional 7,443 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after acquiring an additional 4,886 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 37.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after acquiring an additional 915 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $36.32 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.10 and a 12 month high of $36.65. The company has a market cap of $15.25 billion, a P/E ratio of 18.83 and a beta of 1.04. The company has a 50-day moving average of $34.16 and a 200-day moving average of $32.36.

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.