Schwab U.S. Mid-Cap ETF $SCHM Stock Position Decreased by Sculati Wealth Management LLC

Sculati Wealth Management LLC trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,479 shares of the company’s stock after selling 9,140 shares during the quarter. Sculati Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,079,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Atwood & Palmer Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $25,000. Creative Capital Management Investments LLC acquired a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth about $38,000. Roxbury Financial LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter valued at about $39,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth about $42,000. Finally, Bulwark Capital Corp purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth approximately $58,000.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $29.16 on Friday. The firm has a market capitalization of $11.85 billion, a P/E ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.31. The company’s 50 day simple moving average is $29.69 and its 200-day simple moving average is $28.61.

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.