Asset Advisors Investment Management LLC decreased its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 16.5% during the second quarter, Holdings Channel.com reports. The firm owned 76,395 shares of the company’s stock after selling 15,087 shares during the period. Asset Advisors Investment Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,143,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SCHM. Brighton Jones LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 200.4% during 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 last quarter. Revolve Wealth Partners LLC lifted its holdings 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 valued at $3,187,000 after acquiring an additional 75,941 shares during the period. Merit Financial Group LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the first quarter valued at $2,965,000. RFG Advisory LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 47.0% during the first quarter. RFG Advisory LLC now owns 32,043 shares of the company’s stock valued at $840,000 after acquiring an additional 10,251 shares during the period. Finally, Contravisory Investment Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 40.3% in the first quarter. Contravisory Investment Management Inc. now owns 4,000 shares of the company’s stock valued at $105,000 after buying an additional 1,148 shares in the last quarter.
Schwab U.S. Mid-Cap ETF Stock Up 0.5%
Shares of SCHM stock opened at $29.91 on Friday. The stock has a 50-day moving average price of $29.31 and a 200 day moving average price of $27.65. The firm has a market cap of $12.29 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28.
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.
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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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