VSM Wealth Advisory LLC Has $1.71 Million Holdings in Schwab U.S. Mid-Cap ETF $SCHM

VSM Wealth Advisory LLC reduced its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 22.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 60,961 shares of the company’s stock after selling 17,947 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 0.6% of VSM Wealth Advisory LLC’s portfolio, making the stock its 27th largest position. VSM Wealth Advisory LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,710,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after buying an additional 75,941 shares during the period. Kestra Private Wealth Services LLC increased its stake in shares of Schwab U.S. Mid-Cap ETF by 49.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 13,818 shares of the company’s stock valued at $362,000 after acquiring an additional 4,550 shares during the last quarter. PFG Advisors raised its position in shares of Schwab U.S. Mid-Cap ETF by 5.3% in the 1st quarter. PFG Advisors now owns 67,081 shares of the company’s stock valued at $1,758,000 after acquiring an additional 3,356 shares during the period. Finally, Summit Asset Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 1.0% during the 1st quarter. Summit Asset Management LLC now owns 1,242,188 shares of the company’s stock worth $32,545,000 after acquiring an additional 12,346 shares during the last quarter.

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

Shares of SCHM stock opened at $28.73 on Wednesday. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.31. The firm has a fifty day moving average of $29.64 and a 200-day moving average of $28.69. The firm has a market capitalization of $11.67 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.