Atria Wealth Solutions Inc. Reduces Stake in Schwab U.S. Mid-Cap ETF $SCHM

Atria Wealth Solutions Inc. trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,089 shares of the company’s stock after selling 2,586 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $25,000. Creative Capital Management Investments LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $38,000. Roxbury Financial LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $39,000. Bulwark Capital Corp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at approximately $58,000. Finally, Webster Bank N. A. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter valued at approximately $60,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.1%

Shares of SCHM stock opened at $29.49 on Friday. The stock has a market capitalization of $12.11 billion, a P/E ratio of 18.83 and a beta of 1.13. The firm’s 50 day moving average is $29.53 and its 200 day moving average is $27.89. Schwab U.S. Mid-Cap ETF has a 12 month low of $22.41 and a 12 month high of $30.28.

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.