Schwab U.S. Mid-Cap ETF (SCHM) Shares Sold by Berkshire Asset Management LLC PA

Berkshire Asset Management LLC PA decreased its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,423 shares of the company’s stock after selling 13,841 shares during the period. Berkshire Asset Management LLC PA owned 0.10% of Schwab U.S. Mid-Cap ETF worth $5,288,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHM. Legacy Wealth Management Inc grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 3rd quarter. Legacy Wealth Management Inc now owns 845,136 shares of the company’s stock valued at $48,883,000 after purchasing an additional 5,773 shares during the last quarter. Financial Engines Advisors L.L.C. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 36.7% in the 2nd quarter. Financial Engines Advisors L.L.C. now owns 786,438 shares of the company’s stock valued at $43,167,000 after purchasing an additional 211,054 shares during the last quarter. Brouwer & Janachowski LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 0.7% in the 2nd quarter. Brouwer & Janachowski LLC now owns 711,080 shares of the company’s stock valued at $39,031,000 after purchasing an additional 4,996 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 7.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 507,452 shares of the company’s stock valued at $27,854,000 after purchasing an additional 35,219 shares during the last quarter. Finally, Summit Trail Advisors LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter valued at approximately $503,000.

Shares of SCHM stock traded up $0.39 during midday trading on Friday, hitting $53.43. The company had a trading volume of 16,019 shares, compared to its average volume of 324,040. Schwab U.S. Mid-Cap ETF has a 52-week low of $49.78 and a 52-week high of $58.83.

The business also recently announced a quarterly dividend, which was paid on Friday, September 28th. Shareholders of record on Wednesday, September 26th were paid a $0.1924 dividend. This is an increase from Schwab U.S. Mid-Cap ETF’s previous quarterly dividend of $0.13. This represents a $0.77 annualized dividend and a dividend yield of 1.44%. The ex-dividend date was Tuesday, September 25th.

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

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