Schwab U.S. Mid-Cap ETF $SCHM Stake Decreased by Legacy Wealth Management LLC

Legacy Wealth Management LLC cut its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,286,476 shares of the company’s stock after selling 33,621 shares during the period. Schwab U.S. Mid-Cap ETF makes up 8.3% of Legacy Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Legacy Wealth Management LLC owned about 1.03% of Schwab U.S. Mid-Cap ETF worth $158,042,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. American Financial Advisors LLC raised its stake in Schwab U.S. Mid-Cap ETF by 2.6% during the first quarter. American Financial Advisors LLC now owns 11,364 shares of the company’s stock worth $352,000 after purchasing an additional 291 shares during the period. SouthState Bank Corp grew its stake in shares of Schwab U.S. Mid-Cap ETF by 4.8% during the 1st quarter. SouthState Bank Corp now owns 6,900 shares of the company’s stock valued at $214,000 after buying an additional 318 shares during the period. Human Investing LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.6% during the 1st quarter. Human Investing LLC now owns 7,216 shares of the company’s stock worth $223,000 after buying an additional 320 shares during the last quarter. Kiley Juergens Wealth Management LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.8% during the 4th quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock worth $353,000 after buying an additional 323 shares during the last quarter. Finally, MOR Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 4.7% in the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock worth $243,000 after buying an additional 351 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $36.09 on Monday. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.19 and a twelve month high of $36.90. The stock has a market capitalization of $15.08 billion, a P/E ratio of 18.83 and a beta of 1.04. The business’s fifty day moving average price is $35.58 and its 200 day moving average price is $33.72.

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.