Tiller Private Wealth Inc. Has $9.84 Million Stake in Schwab U.S. Mid-Cap ETF $SCHM

Tiller Private Wealth Inc. trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.5% during the 4th quarter, HoldingsChannel reports. The fund owned 327,279 shares of the company’s stock after selling 30,284 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 3.5% of Tiller Private Wealth Inc.’s holdings, making the stock its 10th biggest position. Tiller Private Wealth Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,841,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mirador Capital Partners LP boosted its stake in Schwab U.S. Mid-Cap ETF by 4.7% in the 4th quarter. Mirador Capital Partners LP now owns 16,653 shares of the company’s stock worth $501,000 after purchasing an additional 744 shares in the last quarter. JFS Wealth Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 1.7% in the fourth quarter. JFS Wealth Advisors LLC now owns 57,438 shares of the company’s stock worth $1,727,000 after buying an additional 981 shares during the last quarter. Dakota Wealth Management lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 133.1% in the fourth quarter. Dakota Wealth Management now owns 116,830 shares of the company’s stock worth $3,513,000 after buying an additional 66,702 shares in the last quarter. Trust Point Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 2.0% in the fourth quarter. Trust Point Inc. now owns 293,483 shares of the company’s stock worth $8,825,000 after buying an additional 5,760 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 30.1% during the fourth quarter. CoreCap Advisors LLC now owns 5,673 shares of the company’s stock valued at $171,000 after buying an additional 1,314 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 1.5%

Shares of SCHM opened at $30.31 on Friday. The company has a market capitalization of $12.41 billion, a P/E ratio of 18.83 and a beta of 1.08. The firm has a 50 day moving average of $31.99 and a 200 day moving average of $30.71. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $33.18.

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.