Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by UBS Group AG

UBS Group AG reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,570,981 shares of the company’s stock after selling 37,437 shares during the period. UBS Group AG owned approximately 1.13% of Schwab U.S. Mid-Cap ETF worth $118,326,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FAS Wealth Partners Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 0.7% in the 4th quarter. FAS Wealth Partners Inc. now owns 178,151 shares of the company’s stock worth $13,418,000 after purchasing an additional 1,205 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its position in shares of Schwab U.S. Mid-Cap ETF by 15.5% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock worth $1,909,000 after acquiring an additional 3,410 shares during the period. Mengis Capital Management Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% during the 3rd quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock worth $3,534,000 after acquiring an additional 175 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 9.5% during the 4th quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock worth $12,668,000 after acquiring an additional 14,551 shares in the last quarter. Finally, Abbrea Capital LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 3.6% during the 4th quarter. Abbrea Capital LLC now owns 29,675 shares of the company’s stock valued at $2,235,000 after acquiring an additional 1,030 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.2 %

NYSEARCA SCHM opened at $80.37 on Wednesday. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The stock has a 50-day moving average of $78.96 and a 200 day moving average of $75.46. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74.

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.