Silver Oak Securities Incorporated Sells 184,010 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Silver Oak Securities Incorporated decreased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 93.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,783 shares of the company’s stock after selling 184,010 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Schwab U.S. Mid-Cap ETF were worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 41.7% in the 4th quarter. Farther Finance Advisors LLC now owns 538,826 shares of the company’s stock worth $16,202,000 after buying an additional 158,469 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 10.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 951,922 shares of the company’s stock valued at $30,528,000 after acquiring an additional 93,144 shares during the last quarter. Fragasso Financial Advisors Inc increased its position in shares of Schwab U.S. Mid-Cap ETF by 1.8% during the fourth quarter. Fragasso Financial Advisors Inc now owns 2,980,496 shares of the company’s stock valued at $89,624,000 after acquiring an additional 52,432 shares during the last quarter. Dorato Capital Management bought a new stake in Schwab U.S. Mid-Cap ETF during the fourth quarter worth $2,361,000. Finally, Cassilly Financial Group LLC purchased a new position in Schwab U.S. Mid-Cap ETF in the fourth quarter worth $1,154,000.

Schwab U.S. Mid-Cap ETF Trading Down 0.8%

SCHM stock opened at $36.19 on Friday. The stock has a market cap of $15.20 billion, a P/E ratio of 18.83 and a beta of 1.04. The stock’s fifty day simple moving average is $34.83 and its two-hundred day simple moving average is $32.72. Schwab U.S. Mid-Cap ETF has a 1-year low of $27.76 and a 1-year high of $36.66.

About Schwab U.S. Mid-Cap ETF

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.