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

Waverly Advisors LLC lowered its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,702,781 shares of the company’s stock after selling 39,004 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $52,718,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SCHM. American Financial Advisors LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the first quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock worth $352,000 after acquiring an additional 291 shares during the period. SouthState Bank Corp raised its holdings in Schwab U.S. Mid-Cap ETF by 4.8% during the first quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock worth $214,000 after purchasing an additional 318 shares in the last quarter. Human Investing LLC lifted its position in Schwab U.S. Mid-Cap ETF by 4.6% in the first quarter. Human Investing LLC now owns 7,216 shares of the company’s stock valued at $223,000 after purchasing an additional 320 shares during the period. Kiley Juergens Wealth Management LLC lifted its position in Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after purchasing an additional 323 shares during the period. Finally, MOR Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 4.7% in the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock valued at $243,000 after purchasing an additional 351 shares in the last quarter.

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

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

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.