Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Safeguard Financial LLC

Safeguard Financial LLC cut its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,581 shares of the company’s stock after selling 241 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.4% of Safeguard Financial LLC’s investment portfolio, making the stock its 10th biggest position. Safeguard Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,810,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHM. Arbor Trust Wealth Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the 4th quarter. Arbor Trust Wealth Advisors LLC now owns 122,648 shares of the company’s stock worth $9,238,000 after purchasing an additional 2,865 shares during the period. Avior Wealth Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.4% during the 4th quarter. Avior Wealth Management LLC now owns 103,869 shares of the company’s stock worth $7,823,000 after purchasing an additional 434 shares during the period. West Paces Advisors Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 276.9% during the 4th quarter. West Paces Advisors Inc. now owns 4,900 shares of the company’s stock worth $369,000 after purchasing an additional 3,600 shares during the period. LifePlan Financial LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth $582,000. Finally, Donaldson Capital Management LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 21.9% during the 4th quarter. Donaldson Capital Management LLC now owns 15,522 shares of the company’s stock worth $1,169,000 after purchasing an additional 2,790 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM traded down $0.31 during mid-day trading on Tuesday, reaching $76.38. 315,130 shares of the company’s stock were exchanged, compared to its average volume of 316,424. The firm has a market capitalization of $10.92 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74. The company’s 50-day moving average is $78.34 and its 200-day moving average is $73.17.

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.