Benjamin F. Edwards & Company Inc. Sells 2,209 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Benjamin F. Edwards & Company Inc. cut its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,122 shares of the company’s stock after selling 2,209 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $7,170,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Farmers & Merchants Investments Inc. purchased a new position in Schwab U.S. Mid-Cap ETF in the second quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 75.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock valued at $26,000 after purchasing an additional 148 shares during the last quarter. Chilton Capital Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $30,000. Valued Wealth Advisors LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 390 shares during the last quarter. Finally, Institutional & Family Asset Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 500.0% during the 2nd quarter. Institutional & Family Asset Management LLC now owns 432 shares of the company’s stock valued at $34,000 after buying an additional 360 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Down 0.4 %

NYSEARCA SCHM opened at $82.71 on Friday. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $83.31. The firm has a market capitalization of $11.86 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. The company has a fifty day moving average of $79.79 and a two-hundred day moving average of $79.05.

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.