Ulland Investment Advisors LLC Has $2.47 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Ulland Investment Advisors LLC trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 9.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 94,172 shares of the company’s stock after selling 9,807 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 2.1% of Ulland Investment Advisors LLC’s investment portfolio, making the stock its 18th largest position. Ulland Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the stock. Oarsman Capital Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock valued at $26,000 after buying an additional 622 shares in the last quarter. Truvestments Capital LLC increased its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Truvestments Capital LLC now owns 984 shares of the company’s stock worth $27,000 after purchasing an additional 656 shares during the period. Blume Capital Management Inc. increased its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares during the period. EverSource Wealth Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 200.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,029 shares of the company’s stock worth $29,000 after purchasing an additional 686 shares during the period. Finally, Noble Wealth Management PBC acquired a new stake in Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $30,000.

Schwab U.S. Mid-Cap ETF Stock Down 0.4%

Shares of SCHM stock opened at $27.53 on Thursday. The stock has a 50-day moving average price of $26.04 and a 200 day moving average price of $27.37. The firm has a market cap of $11.41 billion, a price-to-earnings ratio of 19.13 and a beta of 1.07. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28.

Schwab U.S. Mid-Cap ETF 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.