Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Chesapeake Wealth Management

Chesapeake Wealth Management trimmed its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,061 shares of the company’s stock after selling 319 shares during the period. Chesapeake Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,717,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter valued at about $25,000. EverSource Wealth Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 75.9% in the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 148 shares in the last quarter. Chilton Capital Management LLC purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter worth approximately $30,000. Valued Wealth Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 3,900.0% during the first quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock worth $33,000 after buying an additional 390 shares in the last quarter. Finally, Institutional & Family Asset Management LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 500.0% during the second quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock worth $34,000 after buying an additional 360 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Down 0.4 %

NYSEARCA SCHM opened at $82.71 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $83.31. The business’s fifty day simple moving average is $79.79 and its 200-day simple moving average is $79.05. The firm has a market cap of $11.86 billion, a PE ratio of 16.47 and a beta of 1.09.

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.