Silver Oak Securities Incorporated Sells 184,010 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Silver Oak Securities Incorporated lowered its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 93.5% in the 1st quarter, HoldingsChannel reports. The firm owned 12,783 shares of the company’s stock after selling 184,010 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Schwab U.S. Mid-Cap ETF were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in Schwab U.S. Mid-Cap ETF by 41.7% in the fourth quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock worth $16,202,000 after buying an additional 158,469 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 10.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock valued at $30,528,000 after buying an additional 93,144 shares during the last quarter. Fragasso Financial Advisors Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 1.8% during the 4th quarter. Fragasso Financial Advisors Inc now owns 2,980,496 shares of the company’s stock worth $89,624,000 after acquiring an additional 52,432 shares during the period. Dorato Capital Management purchased a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter worth about $2,361,000. Finally, Cassilly Financial Group LLC purchased a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter worth about $1,154,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $36.19 on Friday. The stock has a market capitalization of $15.20 billion, a P/E ratio of 18.83 and a beta of 1.04. Schwab U.S. Mid-Cap ETF has a 52-week low of $27.76 and a 52-week high of $36.66. The stock’s 50-day simple moving average is $34.83 and its 200 day simple moving average is $32.72.

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.