Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 51.8% during the first quarter, Holdings Channel.com reports. The fund owned 21,844 shares of the company’s stock after selling 23,502 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Schwab U.S. Mid-Cap ETF were worth $676,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SCHM. Brighton Jones LLC raised its position in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after purchasing an additional 15,538 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after buying an additional 75,941 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% in the first quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock valued at $4,042,000 after buying an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after buying an additional 4,886 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in Schwab U.S. Mid-Cap ETF by 37.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock worth $94,000 after acquiring an additional 915 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $36.36 on Thursday. The stock has a market capitalization of $15.11 billion, a P/E ratio of 18.83 and a beta of 1.03. The company has a 50 day moving average price of $35.01 and a 200 day moving average price of $32.87. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $27.76 and a fifty-two week high of $36.90.

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.