NBZ Investment Advisors LLC reduced its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,183 shares of the company’s stock after selling 2,148 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 0.9% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. NBZ Investment Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,632,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Atwood & Palmer Inc. bought a new stake in shares of 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 purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $39,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $42,000. Finally, Bulwark Capital Corp purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter valued at about $58,000.
Schwab U.S. Mid-Cap ETF Price Performance
SCHM opened at $29.56 on Friday. The business’s 50-day moving average is $29.70 and its two-hundred day moving average is $28.29. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.31. The firm has a market capitalization of $12.09 billion, a PE ratio of 18.83 and a beta of 1.08.
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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