VSM Wealth Advisory LLC Sells 17,947 Shares of Schwab U.S. Mid-Cap ETF $SCHM

VSM Wealth Advisory LLC reduced its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 22.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,961 shares of the company’s stock after selling 17,947 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 0.6% of VSM Wealth Advisory LLC’s holdings, making the stock its 27th largest holding. VSM Wealth Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,710,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SCHM. Atwood & Palmer Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $25,000. Creative Capital Management Investments LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth about $39,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $42,000. Finally, Bulwark Capital Corp acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $58,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $28.73 on Wednesday. The stock’s 50 day simple moving average is $29.64 and its 200 day simple moving average is $28.69. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year high of $30.31. The firm has a market cap of $11.67 billion, a PE ratio of 18.83 and a beta of 1.08.

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.