JMG Financial Group Ltd. Sells 88,303 Shares of Schwab U.S. Mid-Cap ETF $SCHM

JMG Financial Group Ltd. decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,148,832 shares of the company’s stock after selling 88,303 shares during the period. Schwab U.S. Mid-Cap ETF accounts for 2.7% of JMG Financial Group Ltd.’s portfolio, making the stock its 11th largest position. JMG Financial Group Ltd.’s holdings in Schwab U.S. Mid-Cap ETF were worth $94,685,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Kiley Juergens Wealth Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after acquiring an additional 323 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.6% in the fourth quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after acquiring an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 4.3% during the fourth quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock worth $258,000 after buying an additional 355 shares during the last quarter. Planwiser Financial LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 0.4% during the third quarter. Planwiser Financial LLC now owns 84,941 shares of the company’s stock worth $2,503,000 after buying an additional 357 shares during the last quarter. Finally, Bouchey Financial Group Ltd boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.0% during the third quarter. Bouchey Financial Group Ltd now owns 38,980 shares of the company’s stock worth $1,155,000 after buying an additional 370 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $35.33 on Monday. Schwab U.S. Mid-Cap ETF has a 1 year low of $26.64 and a 1 year high of $35.44. The stock has a market cap of $14.84 billion, a P/E ratio of 18.83 and a beta of 1.04. The stock’s 50-day moving average price is $33.16 and its two-hundred day moving average price is $31.87.

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.