Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Heirloom Wealth Management

Heirloom Wealth Management lessened its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,112 shares of the company’s stock after selling 1,021 shares during the quarter. Heirloom Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Perigon Wealth Management LLC raised its stake in shares of 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 buying an additional 136 shares during the last quarter. Carnegie Capital Asset Management LLC raised its stake in shares of 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 buying an additional 136 shares during the last quarter. Sawgrass Asset Management LLC raised its stake in shares of 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 buying an additional 150 shares during the last quarter. Arlington Financial Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 1.0% in the 4th quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after purchasing an additional 168 shares during the last quarter. Finally, Greenwood Gearhart Inc. raised its stake in Schwab U.S. Mid-Cap ETF by 3.6% in the 3rd quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock valued at $335,000 after purchasing an additional 170 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock traded up $0.04 during trading on Friday, hitting $75.74. The stock had a trading volume of 334,370 shares, compared to its average volume of 318,080. The company’s 50 day moving average price is $78.40 and its two-hundred day moving average price is $73.33. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $81.74. The stock has a market cap of $10.83 billion, a price-to-earnings ratio of 16.71 and a beta of 1.09.

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.