Schwab U.S. Mid-Cap ETF $SCHM Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,824 shares of the company’s stock after selling 2,239 shares during the period. Harbour Investments Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,117,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Schwab U.S. Mid-Cap ETF by 8.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,201,534 shares of the company’s stock worth $214,880,000 after acquiring an additional 616,733 shares in the last quarter. Advisory Alpha LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 27.7% during the 1st quarter. Advisory Alpha LLC now owns 7,300,752 shares of the company’s stock worth $191,211,000 after acquiring an additional 1,581,924 shares in the last quarter. Cerity Partners LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.9% during the 1st quarter. Cerity Partners LLC now owns 6,908,231 shares of the company’s stock worth $180,996,000 after acquiring an additional 193,939 shares in the last quarter. Legacy Wealth Management Inc grew its holdings in Schwab U.S. Mid-Cap ETF by 0.6% during the 1st quarter. Legacy Wealth Management Inc now owns 4,203,019 shares of the company’s stock worth $110,119,000 after acquiring an additional 23,009 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Schwab U.S. Mid-Cap ETF by 28.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,658,202 shares of the company’s stock worth $43,409,000 after acquiring an additional 368,908 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.1%

NYSEARCA SCHM opened at $29.49 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $22.41 and a 52 week high of $30.28. The stock has a market capitalization of $12.11 billion, a PE ratio of 18.83 and a beta of 1.13. The firm has a 50 day moving average of $29.53 and a two-hundred day moving average of $27.88.

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.