Northwest Capital Management Inc decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 55.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,791 shares of the company’s stock after selling 103,131 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises about 1.3% of Northwest Capital Management Inc’s investment portfolio, making the stock its 21st biggest position. Northwest Capital Management Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,350,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after purchasing an additional 616,733 shares during the last quarter. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 27.7% in the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the last quarter. Cerity Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 2.9% in the first quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock valued at $180,996,000 after acquiring an additional 193,939 shares during the last quarter. Legacy Wealth Management Inc boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.6% in the first quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock valued at $110,119,000 after acquiring an additional 23,009 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Schwab U.S. Mid-Cap ETF by 28.6% in the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after acquiring an additional 368,908 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Trading Up 1.9%
Shares of Schwab U.S. Mid-Cap ETF stock opened at $29.46 on Tuesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.28. The stock has a market capitalization of $12.11 billion, a P/E ratio of 18.83 and a beta of 1.13. The business’s fifty day moving average price is $29.44 and its 200 day moving average price is $27.81.
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.
Featured Stories
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- What is a Stock Market Index and How Do You Use Them?
- FICO’s Big Dip Could Be the Best Buying Chance of the Year
- What is a SEC Filing?
- D-Wave: Reevaluating the Short Seller’s Case After the Downgrade
- 3 Stocks to Consider Buying in October
- Datavault: A Speculative AI Play, But Beware of Volatility
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.