Clear Investment Research LLC Has $1.12 Million Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Clear Investment Research LLC lowered its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,017 shares of the company’s stock after selling 565 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.4% of Clear Investment Research LLC’s holdings, making the stock its 16th biggest holding. Clear Investment Research LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,122,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. increased its position in shares of Schwab U.S. Mid-Cap ETF by 7.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 17,949 shares of the company’s stock worth $470,000 after purchasing an additional 1,168 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 1st quarter worth about $191,000. Diversified Trust Co acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $265,000. Brown Advisory Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.8% in the first quarter. Brown Advisory Inc. now owns 24,848 shares of the company’s stock valued at $651,000 after buying an additional 3,004 shares during the last quarter. Finally, Golden Reserve Retirement LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at about $217,000.

Schwab U.S. Mid-Cap ETF Stock Down 0.8%

Schwab U.S. Mid-Cap ETF stock opened at $29.41 on Friday. The stock has a 50-day simple moving average of $29.70 and a 200 day simple moving average of $28.25. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.31. The stock has a market capitalization of $12.03 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.