Greenwood Gearhart Inc. Decreases Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Greenwood Gearhart Inc. lowered its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 18.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 4,065 shares of the company’s stock after selling 915 shares during the quarter. Greenwood Gearhart Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $316,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 14.0% in the fourth quarter. Vantage Financial Partners LLC now owns 143,900 shares of the company’s stock valued at $10,839,000 after acquiring an additional 17,724 shares in the last quarter. M&T Bank Corp lifted its holdings in Schwab U.S. Mid-Cap ETF by 15.3% in the 4th quarter. M&T Bank Corp now owns 5,287 shares of the company’s stock valued at $398,000 after purchasing an additional 700 shares in the last quarter. Principal Securities Inc. acquired a new stake in Schwab U.S. Mid-Cap ETF during the 4th quarter worth $653,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 59.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 56,742 shares of the company’s stock worth $4,274,000 after buying an additional 21,178 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 17,205 shares of the company’s stock valued at $1,296,000 after buying an additional 328 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 0.2 %

NYSEARCA:SCHM opened at $78.20 on Wednesday. The company has a market cap of $11.21 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $82.28. The company’s 50-day moving average price is $79.27 and its 200-day moving average price is $78.88.

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.