Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,609 shares of the company’s stock after selling 5,013 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 2.0% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 13th largest position. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,238,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 75.9% during the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 148 shares during the last quarter. Valued Wealth Advisors LLC raised its position in Schwab U.S. Mid-Cap ETF by 3,900.0% during the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 390 shares during the period. Institutional & Family Asset Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 500.0% during the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after buying an additional 360 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the first quarter valued at $53,000. Finally, Contravisory Investment Management Inc. raised its position in Schwab U.S. Mid-Cap ETF by 21.0% during the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after buying an additional 142 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM traded up $0.47 during trading hours on Friday, hitting $81.63. 929,687 shares of the company’s stock traded hands, compared to its average volume of 310,852. The firm has a market cap of $11.70 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $82.28. The stock’s fifty day moving average price is $79.06 and its two-hundred day moving average price is $78.70.

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.