Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Appleton Partners Inc. MA

Appleton Partners Inc. MA lowered its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 13.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,355 shares of the company’s stock after selling 508 shares during the quarter. Appleton Partners Inc. MA’s holdings in Schwab U.S. Mid-Cap ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 75.9% during the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock worth $26,000 after purchasing an additional 148 shares in the last quarter. Valued Wealth Advisors LLC lifted its stake in shares of 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 purchasing an additional 390 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the first quarter worth about $53,000. Contravisory Investment Management Inc. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 21.0% during the first quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock worth $67,000 after purchasing an additional 142 shares in the last quarter. Finally, Morton Brown Family Wealth LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $72,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM traded down $2.17 during trading on Friday, hitting $77.42. The company’s stock had a trading volume of 280,125 shares, compared to its average volume of 305,180. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $82.26. The stock’s 50-day moving average price is $78.73 and its two-hundred day moving average price is $78.12. The company has a market capitalization of $11.10 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.