Ameritas Advisory Services LLC Sells 27,948 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Ameritas Advisory Services LLC decreased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 42.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,586 shares of the company’s stock after selling 27,948 shares during the period. Ameritas Advisory Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,160,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHM. Thrivent Financial for Lutherans grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 2,708.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,924,641 shares of the company’s stock valued at $57,046,000 after acquiring an additional 1,856,108 shares in the last quarter. Financial Planning Navigators CORP bought a new position in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter valued at about $22,267,000. Corient Private Wealth LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 97.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after acquiring an additional 637,571 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 6.8% in the 3rd quarter. Advisory Alpha LLC now owns 8,942,309 shares of the company’s stock valued at $267,436,000 after acquiring an additional 568,609 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,021,294 shares of the company’s stock valued at $297,031,000 after acquiring an additional 555,701 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM opened at $34.55 on Friday. The stock has a market capitalization of $14.51 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The business has a 50-day moving average of $32.48 and a 200-day moving average of $31.48. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $26.45 and a fifty-two week high of $35.03.

Schwab U.S. Mid-Cap ETF 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.