Lincoln Capital Corp Has $9.19 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Lincoln Capital Corp trimmed its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,883 shares of the company’s stock after selling 1,230 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 4.0% of Lincoln Capital Corp’s holdings, making the stock its 7th largest holding. Lincoln Capital Corp owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $9,192,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. acquired a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $39,000. Lowe Wealth Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 4th quarter worth about $53,000. VisionPoint Advisory Group LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 10,957.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 774 shares of the company’s stock worth $52,000 after acquiring an additional 767 shares during the last quarter. Contravisory Investment Management Inc. increased its position in Schwab U.S. Mid-Cap ETF by 21.0% in the 1st quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after acquiring an additional 142 shares in the last quarter. Finally, Morton Brown Family Wealth LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $72,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock traded up $0.55 during trading hours on Friday, reaching $78.19. 75,410 shares of the company were exchanged, compared to its average volume of 300,374. The company has a market cap of $11.21 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock’s fifty day moving average is $78.47 and its two-hundred day moving average is $77.20. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74.

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.