Liberty Square Wealth Partners LLC Sells 18,957 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Liberty Square Wealth Partners LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 28.4% during the first quarter, Holdings Channel reports. The firm owned 47,873 shares of the company’s stock after selling 18,957 shares during the quarter. Liberty Square Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,482,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SCHM. Valpey Financial Services LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2,876.4% in the 4th quarter. Valpey Financial Services LLC now owns 4,224,671 shares of the company’s stock worth $140,495,000 after purchasing an additional 4,082,734 shares during the period. 93 Financial Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $48,614,000. Financial Planning Navigators CORP purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $22,267,000. Moneta Group Investment Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 6.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,669,428 shares of the company’s stock valued at $320,830,000 after buying an additional 648,134 shares during the period. Finally, Corient Private Wealth LLC raised its stake in Schwab U.S. Mid-Cap ETF by 97.8% in the second quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock worth $36,187,000 after buying an additional 637,571 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $34.99 on Friday. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90. The company has a 50-day simple moving average of $35.40 and a two-hundred day simple moving average of $33.28. The firm has a market capitalization of $14.58 billion, a PE ratio of 18.83 and a beta of 1.03.

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.