Tradewinds Capital Management LLC Sells 278,168 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Tradewinds Capital Management LLC lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 80.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,878 shares of the company’s stock after selling 278,168 shares during the period. Schwab U.S. Mid-Cap ETF makes up about 0.5% of Tradewinds Capital Management LLC’s portfolio, making the stock its 25th largest holding. Tradewinds Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,825,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Advisory Alpha LLC grew its position in Schwab U.S. Mid-Cap ETF by 195.3% during the fourth quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock worth $158,471,000 after buying an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 203.9% during the 4th quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock worth $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc increased its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after purchasing an additional 2,234,519 shares during the period. JMG Financial Group Ltd. increased its position in shares of Schwab U.S. Mid-Cap ETF by 196.9% in the fourth quarter. JMG Financial Group Ltd. now owns 2,881,771 shares of the company’s stock worth $79,854,000 after purchasing an additional 1,910,992 shares during the period. Finally, Summit Financial Strategies Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 194.9% during the fourth quarter. Summit Financial Strategies Inc. now owns 1,939,998 shares of the company’s stock worth $53,757,000 after purchasing an additional 1,282,163 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 2.5 %

Shares of Schwab U.S. Mid-Cap ETF stock opened at $27.98 on Friday. Schwab U.S. Mid-Cap ETF has a 12-month low of $24.64 and a 12-month high of $30.28. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The firm’s 50-day moving average price is $28.46 and its two-hundred day moving average price is $28.04.

Schwab U.S. Mid-Cap ETF Company 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.