CRA Financial Services LLC Has $2.22 Million Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

CRA Financial Services LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,677 shares of the company’s stock after selling 5,307 shares during the quarter. CRA Financial Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,219,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Group Ltd. increased its position in shares of Schwab U.S. Mid-Cap ETF by 199.3% in the fourth quarter. Wealth Group Ltd. now owns 108,625 shares of the company’s stock valued at $3,010,000 after acquiring an additional 72,326 shares during the last quarter. Capital & Planning LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 238.9% in the fourth quarter. Capital & Planning LLC now owns 113,779 shares of the company’s stock valued at $3,153,000 after acquiring an additional 80,208 shares during the last quarter. Ironwood Wealth Management LLC. increased its position in shares of Schwab U.S. Mid-Cap ETF by 238.5% in the fourth quarter. Ironwood Wealth Management LLC. now owns 68,273 shares of the company’s stock valued at $1,892,000 after acquiring an additional 48,102 shares during the last quarter. Brighton Jones LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares during the last quarter. Finally, Revolve Wealth Partners LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 194.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after acquiring an additional 75,941 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $27.14 on Friday. The stock’s 50-day simple moving average is $26.21 and its 200 day simple moving average is $27.34. The company has a market cap of $11.25 billion, a P/E ratio of 19.13 and a beta of 1.07. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28.

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.