Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Bernard Wealth Management Corp.

Bernard Wealth Management Corp. reduced its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,537 shares of the company’s stock after selling 4,681 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises 3.9% of Bernard Wealth Management Corp.’s investment portfolio, making the stock its 6th biggest holding. Bernard Wealth Management Corp. owned 0.07% of Schwab U.S. Mid-Cap ETF worth $8,486,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 1.1% during the first quarter. EP Wealth Advisors LLC now owns 36,924 shares of the company’s stock worth $967,000 after purchasing an additional 386 shares during the last quarter. Von Berge Wealth Management Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Von Berge Wealth Management Group LLC now owns 116,818 shares of the company’s stock worth $3,376,000 after purchasing an additional 395 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings 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 worth $3,546,000 after purchasing an additional 398 shares during the last quarter. LifePlan Financial LLC raised its holdings 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 worth $595,000 after purchasing an additional 470 shares during the last quarter. Finally, Alpha Omega Wealth Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the second quarter. Alpha Omega Wealth Management LLC now owns 144,463 shares of the company’s stock worth $4,052,000 after purchasing an additional 482 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $28.90 on Friday. The stock has a fifty day moving average price of $29.42 and a 200 day moving average price of $27.78. The stock has a market cap of $11.88 billion, a PE ratio of 18.83 and a beta of 1.13. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.