Larson Financial Group LLC Sells 16,189 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Larson Financial Group LLC lowered its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 338,857 shares of the company’s stock after selling 16,189 shares during the quarter. Larson Financial Group LLC owned 0.08% of Schwab U.S. Mid-Cap ETF worth $10,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in SCHM. Fifth Third Bancorp acquired a new position in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at approximately $30,000. Accredited Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the third quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock valued at $30,000 after acquiring an additional 502 shares during the last quarter. Guerra Advisors Inc acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $33,000. Geneos Wealth Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 54.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after purchasing an additional 519 shares during the period. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter worth $64,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.9%

NYSEARCA SCHM opened at $31.13 on Tuesday. The company has a market capitalization of $12.75 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $33.18. The stock has a fifty day simple moving average of $32.11 and a 200 day simple moving average of $30.63.

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.