Citizens Financial Group Inc. RI Has $3.70 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Citizens Financial Group Inc. RI decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,397 shares of the company’s stock after selling 857 shares during the period. Citizens Financial Group Inc. RI’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,697,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SCHM. Cerity Partners LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% in the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after purchasing an additional 17,766,110 shares during the last quarter. Sheets Smith Wealth Management grew its position in Schwab U.S. Mid-Cap ETF by 1,864.1% during the fourth quarter. Sheets Smith Wealth Management now owns 448,039 shares of the company’s stock valued at $33,746,000 after buying an additional 425,228 shares during the period. Advocacy Wealth Management Services LLC bought a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $26,898,000. Trust Point Inc. bought a new position in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $16,609,000. Finally, Tradewinds Capital Management LLC bought a new position in Schwab U.S. Mid-Cap ETF during the first quarter valued at about $17,337,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM traded down $2.17 on Friday, reaching $77.42. 279,966 shares of the company’s stock were exchanged, compared to its average volume of 305,179. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $82.26. The stock has a fifty day simple moving average of $78.78 and a 200-day simple moving average of $78.06.

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.