SageView Advisory Group LLC Sells 12,464 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

SageView Advisory Group LLC reduced its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 57.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,343 shares of the company’s stock after selling 12,464 shares during the period. SageView Advisory Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $705,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Cerity Partners LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% during the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after buying an additional 17,766,110 shares during the period. Sheets Smith Wealth Management increased its position in shares of Schwab U.S. Mid-Cap ETF by 1,864.1% during the fourth quarter. Sheets Smith Wealth Management now owns 448,039 shares of the company’s stock valued at $33,746,000 after buying an additional 425,228 shares during the period. Advocacy Wealth Management Services LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $26,898,000. Trust Point Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $16,609,000. Finally, Lido Advisors LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 144.8% during the third quarter. Lido Advisors LLC now owns 331,156 shares of the company’s stock worth $22,413,000 after purchasing an additional 195,868 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.8 %

Shares of NYSEARCA SCHM opened at $77.89 on Tuesday. Schwab U.S. Mid-Cap ETF has a 12 month low of $62.87 and a 12 month high of $81.74. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The business has a 50-day moving average of $78.40 and a 200-day moving average of $76.89.

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.