Sage Financial Management Group Inc. Decreases Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Sage Financial Management Group Inc. decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 141,861 shares of the company’s stock after selling 4,530 shares during the period. Schwab U.S. Mid-Cap ETF comprises approximately 1.3% of Sage Financial Management Group Inc.’s portfolio, making the stock its 17th biggest holding. Sage Financial Management Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,717,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Oarsman Capital Inc. increased its holdings in Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Oarsman Capital Inc. now owns 933 shares of the company’s stock valued at $26,000 after acquiring an additional 622 shares in the last quarter. Truvestments Capital LLC grew its position in shares of 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 valued at $27,000 after purchasing an additional 656 shares during the last quarter. Blume Capital Management Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th quarter. Blume Capital Management Inc. now owns 1,050 shares of the company’s stock worth $29,000 after purchasing an additional 700 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 200.0% during the 4th 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 last quarter. Finally, Noble Wealth Management PBC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $30,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $27.90 on Wednesday. The business’s fifty day moving average price is $26.64 and its two-hundred day moving average price is $27.20. The stock has a market cap of $11.49 billion, a PE ratio of 18.83 and a beta of 1.07. Schwab U.S. Mid-Cap ETF has a one year low of $22.41 and a one year 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.