HHM Wealth Advisors LLC Lowers Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

HHM Wealth Advisors LLC cut its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 499,560 shares of the company’s stock after selling 6,299 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 1.7% of HHM Wealth Advisors LLC’s holdings, making the stock its 12th biggest holding. HHM Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $14,013,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHM. Creative Planning raised its stake in Schwab U.S. Mid-Cap ETF by 2.4% during the second quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after buying an additional 684,597 shares during the last quarter. Advisory Alpha LLC increased its stake in Schwab U.S. Mid-Cap ETF by 14.7% during the 2nd quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock valued at $234,882,000 after purchasing an additional 1,072,948 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised 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. Jones Financial Companies Lllp grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 28.6% during the first quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock valued at $43,409,000 after buying an additional 368,908 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.1% during the first quarter. LPL Financial LLC now owns 1,648,859 shares of the company’s stock valued at $43,200,000 after acquiring an additional 18,602 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.2%

Shares of NYSEARCA SCHM opened at $28.73 on Wednesday. The firm has a market cap of $11.67 billion, a P/E ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.31. The company has a 50 day moving average of $29.64 and a 200 day moving average of $28.69.

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.