Clear Rock Advisors LLC Has $4.22 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Clear Rock Advisors LLC cut its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 11.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,834 shares of the company’s stock after selling 6,670 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 1.8% of Clear Rock Advisors LLC’s holdings, making the stock its 9th biggest position. Clear Rock Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,221,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHM. Valued Wealth Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 3,900.0% in the 1st 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. Contravisory Investment Management Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 21.0% in the 1st 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. Morton Brown Family Wealth LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the 4th quarter worth approximately $72,000. Oak Harbor Wealth Partners LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 86.7% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 1,036 shares of the company’s stock worth $78,000 after acquiring an additional 481 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the 4th quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock worth $87,000 after acquiring an additional 138 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM traded down $2.17 during mid-day trading on Friday, hitting $77.42. 280,125 shares of the stock were exchanged, compared to its average volume of 305,180. The company has a market cap of $11.10 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $82.26. The firm has a 50-day moving average of $78.73 and a two-hundred day moving average of $78.08.

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.