Ironwood Wealth Management LLC. Lowers Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ironwood Wealth Management LLC. lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 67,463 shares of the company’s stock after selling 810 shares during the quarter. Ironwood Wealth Management LLC.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,768,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE lifted its position in Schwab U.S. Mid-Cap ETF by 194.9% during the fourth quarter. US Bancorp DE now owns 45,010 shares of the company’s stock valued at $1,247,000 after acquiring an additional 29,745 shares during the last quarter. Smartleaf Asset Management LLC purchased a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter valued at approximately $83,000. Northern Trust Corp lifted its position in Schwab U.S. Mid-Cap ETF by 562.8% during the fourth quarter. Northern Trust Corp now owns 16,470 shares of the company’s stock valued at $456,000 after acquiring an additional 13,985 shares during the last quarter. Principal Securities Inc. lifted its position in Schwab U.S. Mid-Cap ETF by 177.9% during the fourth quarter. Principal Securities Inc. now owns 22,563 shares of the company’s stock valued at $625,000 after acquiring an additional 14,444 shares during the last quarter. Finally, Key Financial Inc lifted its position in Schwab U.S. Mid-Cap ETF by 200.0% during the fourth quarter. Key Financial Inc now owns 4,839 shares of the company’s stock valued at $134,000 after acquiring an additional 3,226 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.3%

NYSEARCA:SCHM opened at $27.63 on Wednesday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The firm has a 50 day moving average of $25.97 and a 200 day moving average of $27.37. The stock has a market capitalization of $11.45 billion, a price-to-earnings ratio of 19.13 and a beta of 1.07.

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.