Enclave Advisors LLC Sells 55,636 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Enclave Advisors LLC lowered its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 33.2% in the 3rd quarter, Holdings Channel reports. The firm owned 111,972 shares of the company’s stock after selling 55,636 shares during the quarter. Enclave Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,809,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SCHM. 93 Financial Group LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $48,614,000. Financial Solutions Advisory Group Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the first quarter worth about $39,615,000. Bangor Savings Bank bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $16,086,000. Avior Wealth Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $13,366,000. Finally, Lincoln Capital Corp purchased a new position in Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $11,917,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.0%

Schwab U.S. Mid-Cap ETF stock opened at $34.50 on Wednesday. The firm’s 50 day simple moving average is $35.30 and its 200 day simple moving average is $34.78. The firm has a market capitalization of $14.57 billion, a PE ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 1-year low of $28.25 and a 1-year high of $36.92.

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.