May Hill Capital LLC Has $2.39 Million Position in Schwab U.S. Mid-Cap ETF $SCHM

May Hill Capital LLC lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 27.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 85,110 shares of the company’s stock after selling 32,357 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 0.8% of May Hill Capital LLC’s investment portfolio, making the stock its 25th largest holding. May Hill Capital LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,387,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 14.7% during the 2nd quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock worth $234,882,000 after acquiring an additional 1,072,948 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Schwab U.S. Mid-Cap ETF by 8.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after acquiring an additional 616,733 shares during the last quarter. Cerity Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 2.9% during the 1st quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock worth $180,996,000 after acquiring an additional 193,939 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after acquiring an additional 368,908 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.1% during the 1st quarter. LPL Financial LLC now owns 1,648,859 shares of the company’s stock worth $43,200,000 after acquiring an additional 18,602 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

SCHM opened at $30.17 on Tuesday. The company has a market capitalization of $12.35 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. The firm’s fifty day moving average price is $29.66 and its two-hundred day moving average price is $28.17. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.31.

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.