Schwab U.S. Mid-Cap ETF (SCHM) Position Cut by Pinnacle Family Advisors LLC

Pinnacle Family Advisors LLC lowered its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 31.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,426 shares of the company’s stock after selling 10,809 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 0.7% of Pinnacle Family Advisors LLC’s portfolio, making the stock its 28th biggest holding. Pinnacle Family Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,286,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 24.2% in the 2nd quarter. Bank of America Corp DE now owns 107,011 shares of the company’s stock worth $5,874,000 after buying an additional 20,862 shares during the period. Kalos Management Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $1,179,000. Valeo Financial Advisors LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 77.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,766 shares of the company’s stock worth $212,000 after buying an additional 1,646 shares during the period. Providence Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $2,518,000. Finally, First Republic Investment Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 45.4% in the 2nd quarter. First Republic Investment Management Inc. now owns 6,098 shares of the company’s stock worth $335,000 after buying an additional 1,905 shares during the period.

Shares of SCHM traded down $0.19 during trading hours on Tuesday, hitting $58.01. The company had a trading volume of 14,358 shares, compared to its average volume of 319,308. Schwab U.S. Mid-Cap ETF has a one year low of $48.33 and a one year high of $58.67.

Featured Article: Diversification in Your Portfolio

Want to see what other hedge funds are holding SCHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM).

Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply