Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Pinkerton Wealth LLC

Pinkerton Wealth LLC reduced its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 99.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,222 shares of the company’s stock after selling 3,494,659 shares during the period. Pinkerton Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $722,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHM. Legacy Wealth Management LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the 3rd quarter. Legacy Wealth Management LLC now owns 4,330,359 shares of the company’s stock valued at $147,319,000 after buying an additional 43,883 shares in the last quarter. Fragasso Financial Advisors Inc raised its position in Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after acquiring an additional 20,487 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Schwab U.S. Mid-Cap ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,553,972 shares of the company’s stock valued at $57,157,000 after acquiring an additional 139,644 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in Schwab U.S. Mid-Cap ETF by 5.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 1,198,872 shares of the company’s stock valued at $44,202,000 after acquiring an additional 59,632 shares in the last quarter. Finally, BLB&B Advisors LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $40,270,000.

Schwab U.S. Mid-Cap ETF Price Performance

NYSEARCA SCHM opened at $34.92 on Monday. The stock has a market capitalization of $14.79 billion, a PE 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. The company has a 50 day moving average price of $34.91 and a two-hundred day moving average price of $34.08.

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.