Northwest Capital Management Inc lessened its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 55.2% during the second quarter, HoldingsChannel reports. The firm owned 83,791 shares of the company’s stock after selling 103,131 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 1.3% of Northwest Capital Management Inc’s portfolio, making the stock its 21st largest position. Northwest Capital Management Inc’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,350,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Atwood & Palmer Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $25,000. Creative Capital Management Investments LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $38,000. Roxbury Financial LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $39,000. Bulwark Capital Corp acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $58,000. Finally, Webster Bank N. A. acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth about $60,000.
Schwab U.S. Mid-Cap ETF Price Performance
Shares of SCHM opened at $29.46 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28. The stock has a market cap of $12.11 billion, a PE ratio of 18.83 and a beta of 1.13. The stock’s 50-day moving average is $29.44 and its two-hundred day moving average is $27.81.
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.
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