Lathrop Investment Management Corp Reduces Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Lathrop Investment Management Corp cut its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,527 shares of the company’s stock after selling 6,418 shares during the period. Lathrop Investment Management Corp owned approximately 0.05% of Schwab U.S. Mid-Cap ETF worth $5,463,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Valmark Advisers Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 2.8% during the 4th quarter. Valmark Advisers Inc. now owns 65,070 shares of the company’s stock valued at $4,901,000 after buying an additional 1,773 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in Schwab U.S. Mid-Cap ETF by 0.5% during the 4th quarter. Citizens Financial Group Inc. RI now owns 46,254 shares of the company’s stock valued at $3,484,000 after buying an additional 251 shares in the last quarter. Evolution Advisers Inc. bought a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter valued at about $105,000. Abbrea Capital LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 3.6% during the 4th quarter. Abbrea Capital LLC now owns 29,675 shares of the company’s stock valued at $2,235,000 after buying an additional 1,030 shares in the last quarter. Finally, Nadler Financial Group Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the 4th quarter. Nadler Financial Group Inc. now owns 117,780 shares of the company’s stock valued at $8,871,000 after buying an additional 1,208 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM traded up $0.33 during trading hours on Friday, hitting $77.33. The stock had a trading volume of 201,087 shares, compared to its average volume of 317,755. The firm has a 50-day moving average price of $78.50 and a 200 day moving average price of $73.70. The firm has a market capitalization of $11.06 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74.

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.