American Trust Trims Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

American Trust reduced its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 21.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,264 shares of the company’s stock after selling 901 shares during the period. American Trust’s holdings in Schwab U.S. Mid-Cap ETF were worth $271,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SCHM. Farmers & Merchants Investments Inc. purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at about $25,000. Cordant Inc. purchased a new stake in Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $30,000. Chilton Capital Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the second quarter valued at approximately $30,000. Archer Investment Corp grew its holdings in Schwab U.S. Mid-Cap ETF by 1,965.0% in the third quarter. Archer Investment Corp now owns 413 shares of the company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth $41,000.

Schwab U.S. Mid-Cap ETF Stock Up 0.1 %

SCHM opened at $27.71 on Thursday. The firm’s 50-day moving average price is $28.73 and its 200-day moving average price is $27.44. The company has a market cap of $3.97 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $24.17 and a 52-week high of $30.28.

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.