Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by RFG Advisory LLC

RFG Advisory LLC trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 41.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 137,619 shares of the company’s stock after selling 96,402 shares during the quarter. RFG Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,074,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Compass Financial Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $30,000. Evergreen Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 1st quarter valued at about $29,000. Godsey & Gibb Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the 1st quarter valued at about $29,000. Angeles Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 67.1% in the 2nd quarter. Angeles Wealth Management LLC now owns 934 shares of the company’s stock worth $34,000 after purchasing an additional 375 shares during the last quarter. Finally, Trust Co. of Vermont bought a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth about $35,000.

Schwab U.S. Mid-Cap ETF Trading Down 1.1%

Shares of NYSEARCA:SCHM opened at $35.34 on Thursday. The firm’s 50 day moving average is $35.63 and its two-hundred day moving average is $34.31. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.25 and a 52 week high of $36.92. The firm has a market capitalization of $14.76 billion, a P/E ratio of 18.83 and a beta of 1.04.

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.