Lodestar Private Asset Management LLC decreased its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 476,995 shares of the company’s stock after selling 17,929 shares during the quarter. Schwab U.S. Mid-Cap ETF comprises approximately 1.4% of Lodestar Private Asset Management LLC’s holdings, making the stock its 20th largest position. Lodestar Private Asset Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $16,227,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Financial Solutions Advisory Group Inc. acquired a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth about $39,615,000. Triangle Securities Wealth Management bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $17,977,000. Bangor Savings Bank bought a new stake in Schwab U.S. Mid-Cap ETF in the third quarter worth about $16,086,000. Courage Miller Partners LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $15,549,000. Finally, Avior Wealth Management LLC acquired a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at about $13,366,000.
Schwab U.S. Mid-Cap ETF Trading Up 0.5%
Shares of NYSEARCA SCHM opened at $34.86 on Wednesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $28.25 and a twelve month high of $36.92. The firm has a 50-day moving average of $34.97 and a two-hundred day moving average of $34.03. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05.
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.
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