Relyea Zuckerberg Hanson LLC Decreases Stake in Schwab U.S. Mid-Cap ETF $SCHM

Relyea Zuckerberg Hanson LLC lessened its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 26.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,009 shares of the company’s stock after selling 6,424 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $505,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.1% in the first quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock valued at $967,000 after purchasing an additional 386 shares in the last quarter. Citizens Financial Group Inc. RI raised its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the first quarter. Citizens Financial Group Inc. RI now owns 135,348 shares of the company’s stock valued at $3,546,000 after purchasing an additional 398 shares in the last quarter. LifePlan Financial LLC lifted its position in Schwab U.S. Mid-Cap ETF by 2.3% during the second quarter. LifePlan Financial LLC now owns 21,228 shares of the company’s stock valued at $595,000 after purchasing an additional 470 shares during the last quarter. Alpha Omega Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock worth $4,052,000 after buying an additional 482 shares in the last quarter. Finally, Morris Financial Concepts Inc. increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 21.0% in the 1st quarter. Morris Financial Concepts Inc. now owns 2,977 shares of the company’s stock worth $78,000 after buying an additional 517 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.4%

Shares of NYSEARCA SCHM opened at $30.04 on Monday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28. The firm’s 50-day moving average price is $29.32 and its 200-day moving average price is $27.69. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.