28,487 Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Downshift Financial LLC

Downshift Financial LLC lessened its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 17.8% in the third quarter, Holdings Channel.com reports. The firm owned 131,317 shares of the company’s stock after selling 28,487 shares during the period. Schwab U.S. Mid-Cap ETF comprises 1.9% of Downshift Financial LLC’s portfolio, making the stock its 11th largest holding. Downshift Financial LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,467,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Boltwood Capital Management acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the third quarter worth approximately $3,319,000. FAS Wealth Partners Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 3.8% in the first quarter. FAS Wealth Partners Inc. now owns 627,188 shares of the company’s stock worth $19,418,000 after buying an additional 22,838 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 8.9% in the fourth quarter. Sunbelt Securities Inc. now owns 285,807 shares of the company’s stock valued at $8,594,000 after acquiring an additional 23,284 shares in the last quarter. Range Advisory LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 52.7% in the second quarter. Range Advisory LLC now owns 293,784 shares of the company’s stock valued at $10,832,000 after acquiring an additional 101,396 shares in the last quarter. Finally, RFG Advisory LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 163.7% in the first quarter. RFG Advisory LLC now owns 234,021 shares of the company’s stock valued at $7,245,000 after acquiring an additional 145,262 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.0%

NYSEARCA SCHM traded down $0.01 during trading hours on Tuesday, reaching $34.50. 2,973,907 shares of the company traded hands, compared to its average volume of 1,449,059. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.25 and a 12 month high of $36.92. The stock has a market capitalization of $14.56 billion, a PE ratio of 18.83 and a beta of 1.05. The company has a 50 day moving average of $35.33 and a two-hundred day moving average of $34.76.

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.