Perigon Wealth Management LLC Sells 604 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Perigon Wealth Management LLC lessened its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% during the first quarter, HoldingsChannel.com reports. The fund owned 117,236 shares of the company’s stock after selling 604 shares during the period. Perigon Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,072,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Engines Advisors L.L.C. grew its position in shares of Schwab U.S. Mid-Cap ETF by 129.1% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 59,401,539 shares of the company’s stock valued at $1,646,017,000 after purchasing an additional 33,472,238 shares in the last quarter. HighTower Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 209.3% during the fourth quarter. HighTower Advisors LLC now owns 10,077,570 shares of the company’s stock worth $279,249,000 after buying an additional 6,819,239 shares in the last quarter. Cerity Partners LLC grew its position in Schwab U.S. Mid-Cap ETF by 196.5% during the fourth quarter. Cerity Partners LLC now owns 6,714,292 shares of the company’s stock worth $186,110,000 after buying an additional 4,449,523 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Schwab U.S. Mid-Cap ETF by 198.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,089,280 shares of the company’s stock worth $168,734,000 after acquiring an additional 4,046,898 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 244.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,592,106 shares of the company’s stock valued at $71,827,000 after acquiring an additional 1,838,677 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 0.4%

Shares of SCHM opened at $27.95 on Friday. The company has a market cap of $11.52 billion, a PE ratio of 18.83 and a beta of 1.13. The stock has a 50-day moving average price of $26.84 and a 200-day moving average price of $27.19. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.28.

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.