Wealthcare Capital Management LLC Has $416,000 Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Wealthcare Capital Management LLC trimmed its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 56.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,104 shares of the company’s stock after selling 6,696 shares during the quarter. Wealthcare Capital Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $416,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 8.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,141 shares of the company’s stock worth $416,000 after acquiring an additional 460 shares in the last quarter. Natixis Advisors L.P. bought a new stake in Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $849,000. Mutual Advisors LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 33.3% during the 3rd quarter. Mutual Advisors LLC now owns 45,702 shares of the company’s stock worth $3,093,000 after buying an additional 11,406 shares during the last quarter. Sawgrass Asset Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock valued at $862,000 after acquiring an additional 150 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 12.2% in the third quarter. Beacon Bridge Wealth Partners LLC now owns 54,290 shares of the company’s stock valued at $3,674,000 after acquiring an additional 5,918 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded up $0.10 on Thursday, hitting $77.46. 42,195 shares of the company were exchanged, compared to its average volume of 299,772. The stock’s fifty day moving average is $78.43 and its 200-day moving average is $77.20. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The company has a market cap of $11.10 billion, a PE ratio of 16.47 and a beta of 1.09.

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.