Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Noble Family Wealth LLC

Noble Family Wealth LLC trimmed its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 622,368 shares of the company’s stock after selling 48,439 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 4.5% of Noble Family Wealth LLC’s portfolio, making the stock its 8th largest position. Noble Family Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $16,306,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SCHM. Financial Engines Advisors L.L.C. raised its stake in shares of Schwab U.S. Mid-Cap ETF by 129.1% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after purchasing an additional 33,472,238 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 209.3% in the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock valued at $279,249,000 after purchasing an additional 6,819,239 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 196.5% in the fourth quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock valued at $186,110,000 after purchasing an additional 4,449,523 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 198.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,089,280 shares of the company’s stock valued at $168,734,000 after purchasing an additional 4,046,898 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter valued at $67,051,000.

Schwab U.S. Mid-Cap ETF Price Performance

Schwab U.S. Mid-Cap ETF stock opened at $27.14 on Friday. The stock has a fifty day moving average price of $26.21 and a two-hundred day moving average price of $27.34. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28. The firm has a market capitalization of $11.25 billion, a P/E ratio of 19.13 and a beta of 1.07.

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.