Northeast Financial Group Inc. reduced its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 9.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 807,726 shares of the company’s stock after selling 82,706 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 6.2% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 2nd biggest position. Northeast Financial Group Inc. owned about 0.19% of Schwab U.S. Mid-Cap ETF worth $25,012,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new position in Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Evergreen Advisors LLC bought a new position in Schwab U.S. Mid-Cap ETF in the first quarter valued at about $29,000. Kingdom Financial Group LLC. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $31,000. Archer Investment Corp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 266.9% in the first quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock worth $33,000 after purchasing an additional 782 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at about $36,000.
Schwab U.S. Mid-Cap ETF Stock Performance
Schwab U.S. Mid-Cap ETF stock opened at $34.99 on Monday. The firm has a market cap of $14.59 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.90. The firm has a 50 day moving average price of $35.46 and a two-hundred day moving average price of $33.47.
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.
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