Joseph P. Lucia & Associates LLC lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 2.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 74,987 shares of the company’s stock after selling 2,092 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,103,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its position in Schwab U.S. Mid-Cap ETF by 8.1% in 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 increased its position 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 worth $191,211,000 after purchasing an additional 1,581,924 shares during the last quarter. Cerity Partners LLC increased its position 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 worth $180,996,000 after purchasing an additional 193,939 shares during the last quarter. Legacy Wealth Management Inc increased its position 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 worth $110,119,000 after purchasing an additional 23,009 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position 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 worth $43,409,000 after purchasing an additional 368,908 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of SCHM opened at $29.49 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28. The stock has a market capitalization of $12.11 billion, a PE ratio of 18.83 and a beta of 1.13. The company’s fifty day moving average is $29.53 and its 200 day moving average is $27.89.
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.
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