Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,140,092 shares of the company’s stock after selling 50,116 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.50% of Schwab U.S. Mid-Cap ETF worth $174,268,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Cerity Partners LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after acquiring an additional 17,766,110 shares during the period. Creative Planning lifted its stake in Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Creative Planning now owns 10,259,228 shares of the company’s stock worth $772,725,000 after purchasing an additional 25,791 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 5.6% during the third quarter. Moneta Group Investment Advisors LLC now owns 1,841,803 shares of the company’s stock worth $124,653,000 after buying an additional 97,614 shares during the period. Prime Capital Investment Advisors LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock valued at $129,458,000 after buying an additional 5,820 shares in the last quarter. Finally, Advisory Alpha LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.2% in the 4th quarter. Advisory Alpha LLC now owns 1,530,160 shares of the company’s stock valued at $115,258,000 after buying an additional 47,415 shares during the period.

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

Schwab U.S. Mid-Cap ETF stock traded up $0.28 during midday trading on Thursday, reaching $77.64. 341,270 shares of the stock traded hands, compared to its average volume of 302,204. The firm has a market cap of $11.13 billion, a PE ratio of 16.47 and a beta of 1.09. The company has a 50-day simple moving average of $78.43 and a two-hundred day simple moving average of $77.20. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74.

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.