RWA Wealth Partners LLC Sells 2,994 Shares of Schwab U.S. Mid-Cap ETF $SCHM

RWA Wealth Partners LLC trimmed its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,389 shares of the company’s stock after selling 2,994 shares during the quarter. RWA Wealth Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $965,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisory Alpha LLC lifted its position in Schwab U.S. Mid-Cap ETF by 27.7% during the first quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock valued at $191,211,000 after acquiring an additional 1,581,924 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the second quarter worth $40,844,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 valued at $214,880,000 after purchasing an additional 616,733 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 28.6% in the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after purchasing an additional 368,908 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Schwab U.S. Mid-Cap ETF by 78.9% in the 1st quarter. Focus Partners Wealth now owns 640,723 shares of the company’s stock worth $16,787,000 after purchasing an additional 282,489 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $29.47 on Monday. The business’s 50-day moving average is $29.69 and its 200 day moving average is $28.51. 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 $11.98 billion, a P/E 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.