Schwab U.S. Mid-Cap ETF $SCHM Stock: Perryman Financial Advisory Inc. AD Decreases Stake

Perryman Financial Advisory Inc. AD lessened its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 95.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,455 shares of the company’s stock after selling 288,713 shares during the quarter. Perryman Financial Advisory Inc. AD’s holdings in Schwab U.S. Mid-Cap ETF were worth $424,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of SCHM. White Pine Investment CO increased its holdings in Schwab U.S. Mid-Cap ETF by 1.8% during the third quarter. White Pine Investment CO now owns 254,723 shares of the company’s stock worth $8,666,000 after buying an additional 4,414 shares during the last quarter. Fortitude Advisory Group L.L.C. lifted its stake in Schwab U.S. Mid-Cap ETF by 1.4% in the third quarter. Fortitude Advisory Group L.L.C. now owns 32,628 shares of the company’s stock valued at $1,110,000 after acquiring an additional 441 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in Schwab U.S. Mid-Cap ETF by 6.3% in the third quarter. AdvisorNet Financial Inc now owns 208,052 shares of the company’s stock valued at $7,088,000 after acquiring an additional 12,378 shares during the last quarter. Charles Schwab Trust Co grew its position in shares of Schwab U.S. Mid-Cap ETF by 16.1% in the 3rd quarter. Charles Schwab Trust Co now owns 8,624 shares of the company’s stock valued at $293,000 after acquiring an additional 1,196 shares during the period. Finally, Triangle Securities Wealth Management acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth about $17,977,000.

Schwab U.S. Mid-Cap ETF Stock Down 1.1%

Shares of SCHM stock traded down $0.39 on Friday, reaching $34.16. The stock had a trading volume of 2,822,819 shares, compared to its average volume of 1,476,419. The firm’s 50-day moving average is $35.20 and its two-hundred day moving average is $34.83. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 18.83 and a beta of 1.05. Schwab U.S. Mid-Cap ETF has a 12 month low of $28.25 and a 12 month high of $36.92.

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.