Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 16.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,492 shares of the company’s stock after selling 14,023 shares during the period. Exchange Capital Management Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,740,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.4% in the fourth quarter. Corient Private Wealth LLC now owns 231,075 shares of the company’s stock valued at $17,405,000 after purchasing an additional 5,389 shares during the last quarter. FAS Wealth Partners Inc. grew its holdings in Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. FAS Wealth Partners Inc. now owns 178,151 shares of the company’s stock valued at $13,418,000 after purchasing an additional 1,205 shares during the last quarter. Nicholas Hoffman & Company LLC. grew its holdings in Schwab U.S. Mid-Cap ETF by 15.5% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,410 shares during the last quarter. Larson Financial Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 9.5% in the fourth quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock valued at $12,668,000 after purchasing an additional 14,551 shares during the last quarter. Finally, Napatree Capital LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $2,110,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHM traded up $0.15 on Tuesday, hitting $77.24. The company had a trading volume of 169,834 shares, compared to its average volume of 303,839. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The business has a 50 day moving average of $78.52 and a 200 day moving average of $77.33. The company has a market cap of $11.07 billion, a PE ratio of 16.47 and a beta of 1.09.

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.