Arbor Trust Wealth Advisors LLC Buys 1,661 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Arbor Trust Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMGet Rating) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,337 shares of the company’s stock after purchasing an additional 1,661 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for about 5.0% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its biggest position. Arbor Trust Wealth Advisors LLC owned about 0.09% of Schwab U.S. Mid-Cap ETF worth $7,235,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SCHM. Landmark Wealth Management LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth about $28,000. Worth Asset Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth about $29,000. Kessler Investment Group LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $30,000. Sage Mountain Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 157.4% during the first quarter. Sage Mountain Advisors LLC now owns 502 shares of the company’s stock worth $38,000 after buying an additional 307 shares in the last quarter. Finally, Guardian Wealth Management Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter worth about $48,000.

Schwab U.S. Mid-Cap ETF Stock Down 2.1 %

Shares of NYSEARCA:SCHM traded down $1.35 during mid-day trading on Friday, reaching $61.56. 37,206 shares of the stock were exchanged, compared to its average volume of 524,457. Schwab U.S. Mid-Cap ETF has a one year low of $60.53 and a one year high of $83.73. The stock’s 50 day simple moving average is $68.21 and its 200-day simple moving average is $69.19.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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