Cerity Partners LLC Sells 904,308 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Cerity Partners LLC lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 13.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,003,923 shares of the company’s stock after selling 904,308 shares during the period. Cerity Partners LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $168,410,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Hendershot Investments Inc. increased its position in shares of Schwab U.S. Mid-Cap ETF by 3.2% during the 2nd quarter. Hendershot Investments Inc. now owns 22,653 shares of the company’s stock valued at $635,000 after purchasing an additional 697 shares during the last quarter. Baird Financial Group Inc. grew its position in Schwab U.S. Mid-Cap ETF by 1.9% during the second quarter. Baird Financial Group Inc. now owns 244,746 shares of the company’s stock valued at $6,865,000 after buying an additional 4,553 shares during the period. Beacon Pointe Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 0.8% during the second quarter. Beacon Pointe Advisors LLC now owns 1,608,649 shares of the company’s stock worth $45,123,000 after buying an additional 13,535 shares during the last quarter. Meridian Wealth Partners LLC raised its position in Schwab U.S. Mid-Cap ETF by 3.0% in the second quarter. Meridian Wealth Partners LLC now owns 272,675 shares of the company’s stock worth $7,649,000 after acquiring an additional 7,858 shares during the period. Finally, Patrick M Sweeney & Associates Inc. raised its position in Schwab U.S. Mid-Cap ETF by 4.8% in the second quarter. Patrick M Sweeney & Associates Inc. now owns 11,399 shares of the company’s stock worth $327,000 after acquiring an additional 526 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.1%

Schwab U.S. Mid-Cap ETF stock opened at $30.31 on Friday. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.47. The firm has a 50 day moving average price of $29.60 and a 200-day moving average price of $28.92. The company has a market capitalization of $12.32 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.