Lido Advisors LLC Has $9.08 Million Stock Position in Schwab U.S. Mid-Cap ETF $SCHM

Lido Advisors LLC lowered its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 4.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 304,739 shares of the company’s stock after selling 14,908 shares during the quarter. Lido Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $9,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marietta Investment Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 6.1% in the 4th quarter. Marietta Investment Partners LLC now owns 7,914 shares of the company’s stock worth $238,000 after acquiring an additional 458 shares during the period. Natixis Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 16.8% in the 4th 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% in the 4th quarter. Gill Capital Partners LLC now owns 258,753 shares of the company’s stock worth $7,781,000 after acquiring an additional 38,807 shares during the period. Founders Financial Securities LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 4th quarter worth approximately $286,000. Finally, Holderness Investments Co. lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.4% in the 4th quarter. Holderness Investments Co. now owns 37,831 shares of the company’s stock worth $1,138,000 after acquiring an additional 897 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 2.6%

Shares of SCHM stock opened at $34.83 on Friday. The stock has a 50 day moving average of $33.60 and a two-hundred day moving average of $32.06. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.05 and a 12 month high of $35.85. The company has a market capitalization of $14.63 billion, a P/E ratio of 18.83 and a beta of 1.04.

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.