Schwab U.S. Mid-Cap ETF $SCHM Stock Position Decreased by Aspiriant LLC

Aspiriant LLC reduced its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 68.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 15,702 shares of the company’s stock after selling 33,993 shares during the period. Aspiriant LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $440,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SCHM. Northwestern Mutual Wealth Management Co. increased its holdings in Schwab U.S. Mid-Cap ETF by 8.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after buying an additional 616,733 shares during the last quarter. Advisory Alpha LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 27.7% during the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock worth $191,211,000 after purchasing an additional 1,581,924 shares in the last quarter. Cerity Partners LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 2.9% during the first quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock worth $180,996,000 after buying an additional 193,939 shares in the last quarter. Legacy Wealth Management Inc raised its position in Schwab U.S. Mid-Cap ETF by 0.6% in the first quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after purchasing an additional 23,009 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after buying an additional 368,908 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM stock opened at $29.49 on Friday. The business has a fifty day moving average price of $29.53 and a 200 day moving average price of $27.89. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.28. The stock has a market capitalization of $12.11 billion, a price-to-earnings ratio of 18.83 and a beta of 1.13.

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.