Schwab U.S. Mid-Cap ETF $SCHM Stock: Enclave Advisors LLC Reduces Position

Enclave Advisors LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 33.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,972 shares of the company’s stock after selling 55,636 shares during the period. Enclave Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,809,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. 93 Financial Group LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $48,614,000. Financial Solutions Advisory Group Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $39,615,000. Bangor Savings Bank bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $16,086,000. Avior Wealth Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $13,366,000. Finally, Lincoln Capital Corp purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at approximately $11,917,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.0%

Shares of SCHM stock opened at $34.50 on Wednesday. The firm’s 50 day moving average is $35.30 and its 200 day moving average is $34.78. The stock has a market capitalization of $14.57 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.25 and a 12 month high of $36.92.

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.