Cwm LLC Sells 29,942 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Cwm LLC lessened its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 14.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 178,513 shares of the company’s stock after selling 29,942 shares during the quarter. Cwm LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,291,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Atwood & Palmer Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $25,000. Creative Capital Management Investments LLC bought a new stake in Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $38,000. Roxbury Financial LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at $39,000. Geneos Wealth Management Inc. lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 54.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock valued at $41,000 after purchasing an additional 519 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 2nd quarter worth approximately $42,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM opened at $30.38 on Wednesday. The stock has a market capitalization of $12.34 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.91. The stock has a 50 day moving average price of $29.85 and a 200 day moving average price of $29.32.

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.