Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Pinkerton Wealth LLC

Pinkerton Wealth LLC reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 99.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,222 shares of the company’s stock after selling 3,494,659 shares during the quarter. Pinkerton Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $722,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SCHM. Financial Solutions Advisory Group Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at $39,615,000. BLB&B Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $40,270,000. Modera Wealth Management LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $22,048,000. Triangle Securities Wealth Management bought a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $17,977,000. Finally, Bangor Savings Bank acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $16,086,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM opened at $34.92 on Monday. The company has a 50-day simple moving average of $34.91 and a 200-day simple moving average of $34.08. The firm has a market capitalization of $14.79 billion, a P/E ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 52 week low of $28.25 and a 52 week 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.