MCF Advisors LLC Sells 1,923 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

MCF Advisors LLC trimmed its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 14.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,228 shares of the company’s stock after selling 1,923 shares during the quarter. MCF Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Corient Private Wealth LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the 4th quarter. Corient Private Wealth LLC now owns 231,075 shares of the company’s stock worth $17,405,000 after buying an additional 5,389 shares in the last quarter. FAS Wealth Partners Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. FAS Wealth Partners Inc. now owns 178,151 shares of the company’s stock worth $13,418,000 after purchasing an additional 1,205 shares during the last quarter. Nicholas Hoffman & Company LLC. grew its stake in Schwab U.S. Mid-Cap ETF by 15.5% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,410 shares during the period. Larson Financial Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 9.5% during the 4th quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock valued at $12,668,000 after purchasing an additional 14,551 shares during the last quarter. Finally, Napatree Capital LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter valued at $2,110,000.

Schwab U.S. Mid-Cap ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHM traded up $0.19 during midday trading on Friday, reaching $77.83. The company had a trading volume of 226,106 shares, compared to its average volume of 301,589. The stock has a market cap of $11.16 billion, a P/E ratio of 16.47 and a beta of 1.09. The company’s 50 day moving average price is $78.51 and its 200 day moving average price is $77.24. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74.

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.