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

McAdam LLC lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,387 shares of the company’s stock after selling 1,157 shares during the period. McAdam LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,198,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Creative Planning grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Creative Planning now owns 10,259,228 shares of the company’s stock valued at $772,725,000 after purchasing an additional 25,791 shares during the period. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 12.0% in the 1st quarter. Advisory Alpha LLC now owns 1,713,535 shares of the company’s stock worth $139,540,000 after buying an additional 183,375 shares during the last quarter. Fragasso Financial Advisors Inc increased its stake in Schwab U.S. Mid-Cap ETF by 6.7% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 1,024,471 shares of the company’s stock worth $79,735,000 after buying an additional 64,081 shares in the last quarter. Fragasso Group Inc. increased its stake in Schwab U.S. Mid-Cap ETF by 0.4% during the 1st quarter. Fragasso Group Inc. now owns 960,390 shares of the company’s stock worth $78,205,000 after buying an additional 3,920 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 645,119 shares of the company’s stock valued at $50,210,000 after acquiring an additional 9,967 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM traded up $1.55 during trading on Friday, reaching $81.68. The stock had a trading volume of 172,029 shares, compared to its average volume of 310,336. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $82.26. The stock has a market cap of $11.71 billion, a PE ratio of 16.47 and a beta of 1.09. The business has a fifty day moving average price of $78.73 and a 200-day moving average price of $78.50.

Schwab U.S. Mid-Cap ETF Company 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.