Zhang Financial LLC Sells 429 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Zhang Financial LLC reduced its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 115,166 shares of the company’s stock after selling 429 shares during the period. Zhang Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Group Ltd. lifted its holdings in Schwab U.S. Mid-Cap ETF by 199.3% during the fourth quarter. Wealth Group Ltd. now owns 108,625 shares of the company’s stock worth $3,010,000 after acquiring an additional 72,326 shares in the last quarter. Capital & Planning LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 238.9% during the fourth quarter. Capital & Planning LLC now owns 113,779 shares of the company’s stock worth $3,153,000 after acquiring an additional 80,208 shares in the last quarter. Ironwood Wealth Management LLC. lifted its holdings in Schwab U.S. Mid-Cap ETF by 238.5% during the fourth quarter. Ironwood Wealth Management LLC. now owns 68,273 shares of the company’s stock worth $1,892,000 after acquiring an additional 48,102 shares in the last quarter. Brighton Jones LLC lifted its holdings in 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 worth $645,000 after acquiring an additional 15,538 shares in the last quarter. Finally, Revolve Wealth Partners LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 194.4% during the fourth 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 in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.4%

SCHM stock opened at $27.53 on Thursday. The business’s 50-day moving average price is $26.04 and its two-hundred day moving average price is $27.37. Schwab U.S. Mid-Cap ETF has a 1-year low of $22.41 and a 1-year high of $30.28. The firm has a market cap of $11.41 billion, a PE ratio of 19.13 and a beta of 1.07.

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.