Nadler Financial Group Inc. Cuts Position in Schwab U.S. Mid-Cap ETF $SCHM

Nadler Financial Group Inc. cut its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.0% during the first quarter, HoldingsChannel reports. The firm owned 333,762 shares of the company’s stock after selling 24,960 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 1.0% of Nadler Financial Group Inc.’s holdings, making the stock its 20th biggest position. Nadler Financial Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $10,333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Schwab U.S. Mid-Cap ETF by 200.4% in the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock valued at $645,000 after acquiring an additional 15,538 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 194.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock worth $3,187,000 after purchasing an additional 75,941 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Schwab U.S. Mid-Cap ETF by 5.1% during the 1st quarter. Royal Bank of Canada now owns 154,252 shares of the company’s stock worth $4,042,000 after buying an additional 7,443 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 485,015 shares of the company’s stock valued at $12,707,000 after acquiring an additional 4,886 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 37.4% in the second quarter. Russell Investments Group Ltd. now owns 3,359 shares of the company’s stock valued at $94,000 after purchasing an additional 915 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM opened at $35.38 on Tuesday. The business’s 50 day simple moving average is $35.34 and its 200-day simple moving average is $33.17. The firm has a market capitalization of $14.72 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a 12 month low of $27.76 and a 12 month high of $36.90.

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.