Continuum Wealth Advisors LLC Reduces Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Continuum Wealth Advisors LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,603 shares of the company’s stock after selling 178 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 0.4% of Continuum Wealth Advisors LLC’s holdings, making the stock its 21st largest holding. Continuum Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $648,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Perigon Wealth Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.3% during the 4th quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after purchasing an additional 136 shares during the last quarter. Carnegie Capital Asset Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 2.5% during the 4th quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock worth $422,000 after purchasing an additional 136 shares during the last quarter. Sawgrass Asset Management LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 1.2% during the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock worth $862,000 after purchasing an additional 150 shares during the last quarter. Arlington Financial Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the 4th quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock worth $1,317,000 after purchasing an additional 168 shares during the last quarter. Finally, Greenwood Gearhart Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 3.6% during the 3rd quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock worth $335,000 after purchasing an additional 170 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.8 %

SCHM stock traded down $0.59 during midday trading on Wednesday, hitting $75.81. 350,950 shares of the company’s stock were exchanged, compared to its average volume of 316,890. The stock has a market capitalization of $10.84 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09. The firm has a 50 day moving average price of $78.38 and a 200-day moving average price of $73.23. 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 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.