Diversify Wealth Management LLC Sells 824 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Diversify Wealth Management LLC trimmed its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 153,127 shares of the company’s stock after selling 824 shares during the period. Diversify Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,229,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cambridge Advisors Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 201.5% in the 4th quarter. Cambridge Advisors Inc. now owns 57,921 shares of the company’s stock worth $1,605,000 after acquiring an additional 38,710 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. increased its stake in shares of Schwab U.S. Mid-Cap ETF by 194.6% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 64,745 shares of the company’s stock worth $1,794,000 after purchasing an additional 42,766 shares in the last quarter. Arbor Trust Wealth Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 209.9% in the fourth quarter. Arbor Trust Wealth Advisors LLC now owns 395,345 shares of the company’s stock valued at $10,955,000 after purchasing an additional 267,788 shares during the period. Romano Brothers AND Company lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 185.7% during the 4th quarter. Romano Brothers AND Company now owns 7,500 shares of the company’s stock valued at $208,000 after buying an additional 4,875 shares in the last quarter. Finally, Joule Financial LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 197.7% in the 4th quarter. Joule Financial LLC now owns 24,577 shares of the company’s stock worth $681,000 after buying an additional 16,320 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM stock opened at $28.82 on Monday. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company’s fifty day simple moving average is $28.72 and its two-hundred day simple moving average is $27.63. Schwab U.S. Mid-Cap ETF has a 1 year low of $24.24 and a 1 year high of $30.28.

Schwab U.S. Mid-Cap ETF Company 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.