SeaCrest Wealth Management LLC Reduces Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

SeaCrest Wealth Management LLC cut its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 28,041 shares of the company’s stock after selling 1,709 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 51.6% in the 1st quarter. Bank of New York Mellon Corp now owns 18,898 shares of the company’s stock valued at $1,433,000 after acquiring an additional 6,435 shares during the period. Bank of Montreal Can increased its stake in Schwab U.S. Mid-Cap ETF by 21.9% in the first quarter. Bank of Montreal Can now owns 3,808 shares of the company’s stock valued at $296,000 after purchasing an additional 683 shares during the period. Cetera Investment Advisers boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 11.2% during the first quarter. Cetera Investment Advisers now owns 38,993 shares of the company’s stock worth $2,958,000 after buying an additional 3,931 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 51.6% during the first quarter. Baird Financial Group Inc. now owns 124,164 shares of the company’s stock worth $9,419,000 after buying an additional 42,245 shares during the last quarter. Finally, Equitable Holdings Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 8.6% during the first quarter. Equitable Holdings Inc. now owns 60,496 shares of the company’s stock worth $4,589,000 after buying an additional 4,778 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.3 %

SCHM traded up $0.28 on Thursday, hitting $81.43. 267,118 shares of the company traded hands, compared to its average volume of 317,495. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74. The company has a 50 day moving average of $77.18 and a 200-day moving average of $72.22. The stock has a market capitalization of $11.30 billion, a PE ratio of 12.93 and a beta of 1.13.

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.