Legacy Wealth Management LLC Sells 33,621 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Legacy Wealth Management LLC reduced its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,286,476 shares of the company’s stock after selling 33,621 shares during the period. Schwab U.S. Mid-Cap ETF comprises 8.3% of Legacy Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Legacy Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $158,042,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. OxenFree Capital LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 8.3% in the 2nd quarter. OxenFree Capital LLC now owns 195,751 shares of the company’s stock valued at $6,955,000 after acquiring an additional 15,008 shares during the period. Worth Asset Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at $732,000. Trust Point Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 0.7% during the 2nd quarter. Trust Point Inc. now owns 247,145 shares of the company’s stock worth $9,112,000 after purchasing an additional 1,777 shares during the period. Palouse Capital Management Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 87.6% during the 2nd quarter. Palouse Capital Management Inc. now owns 3,952 shares of the company’s stock worth $146,000 after purchasing an additional 1,845 shares during the period. Finally, Meriwether Wealth & Planning LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 24.1% in the 2nd quarter. Meriwether Wealth & Planning LLC now owns 11,012 shares of the company’s stock valued at $406,000 after purchasing an additional 2,140 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA:SCHM opened at $36.09 on Monday. The business’s 50-day moving average is $35.58 and its two-hundred day moving average is $33.72. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.19 and a 12 month high of $36.90. The firm has a market capitalization of $15.08 billion, a PE ratio of 18.83 and a beta of 1.04.

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.