Omega Financial Group LLC Lowers Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Omega Financial Group LLC trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 161,863 shares of the company’s stock after selling 1,969 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 5.2% of Omega Financial Group LLC’s holdings, making the stock its 2nd largest position. Omega Financial Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,192,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. WestHill Financial Advisors Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $28,000. Worth Asset Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth $29,000. Sound Income Strategies LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 77.1% during the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock worth $32,000 after purchasing an additional 205 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% during the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock worth $33,000 after purchasing an additional 450 shares during the last quarter. Finally, Indiana Trust & Investment Management CO bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $35,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock traded down $0.05 during trading hours on Monday, hitting $78.52. 226,555 shares of the company’s stock were exchanged, compared to its average volume of 320,675. The stock’s 50-day moving average is $76.05 and its 200-day moving average is $71.67. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 12.93 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $80.30.

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.