Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by ProVise Management Group LLC

ProVise Management Group LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 397,225 shares of the company’s stock after selling 32,680 shares during the quarter. ProVise Management Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $11,142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after buying an additional 15,538 shares during the period. Revolve Wealth Partners LLC grew its stake in Schwab U.S. Mid-Cap ETF by 194.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after acquiring an additional 75,941 shares during the period. Gradient Capital Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 3.9% in the 1st quarter. Gradient Capital Advisors LLC now owns 316,415 shares of the company’s stock valued at $8,290,000 after acquiring an additional 11,907 shares during the last quarter. Jackson Creek Investment Advisors LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 1.2% in the 1st quarter. Jackson Creek Investment Advisors LLC now owns 101,368 shares of the company’s stock valued at $2,656,000 after acquiring an additional 1,237 shares during the last quarter. Finally, Nwam LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 5.0% during the 1st quarter. Nwam LLC now owns 26,666 shares of the company’s stock worth $699,000 after purchasing an additional 1,270 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.2%

Shares of NYSEARCA:SCHM opened at $29.16 on Friday. The company has a market cap of $11.85 billion, a P/E ratio of 18.83 and a beta of 1.08. The business has a fifty day simple moving average of $29.69 and a 200-day simple moving average of $28.61. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.31.

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.