Blue Barn Wealth LLC Lowers Position in Schwab U.S. Mid-Cap ETF $SCHM

Blue Barn Wealth LLC cut its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 59.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,446 shares of the company’s stock after selling 104,900 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 3.1% of Blue Barn Wealth LLC’s investment portfolio, making the stock its 11th largest position. Blue Barn Wealth LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,118,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Natixis Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 16.8% in the fourth quarter. Natixis Advisors LLC now owns 146,862 shares of the company’s stock worth $4,416,000 after acquiring an additional 21,102 shares during the period. Gill Capital Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 17.6% during the fourth quarter. Gill Capital Partners LLC now owns 258,753 shares of the company’s stock valued at $7,781,000 after buying an additional 38,807 shares during the last quarter. Founders Financial Securities LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF during the fourth quarter valued at about $286,000. Holderness Investments Co. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.4% during the fourth quarter. Holderness Investments Co. now owns 37,831 shares of the company’s stock valued at $1,138,000 after buying an additional 897 shares during the last quarter. Finally, Madison Wealth Partners Inc lifted its position in shares of Schwab U.S. Mid-Cap ETF by 58.3% during the fourth quarter. Madison Wealth Partners Inc now owns 95,639 shares of the company’s stock valued at $2,876,000 after buying an additional 35,205 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM stock opened at $35.71 on Thursday. The firm has a market cap of $15.00 billion, a price-to-earnings ratio of 18.83 and a beta of 1.04. The firm has a 50-day simple moving average of $33.44 and a two-hundred day simple moving average of $32.00. Schwab U.S. Mid-Cap ETF has a one year low of $27.05 and a one year high of $35.79.

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.