Citizens Financial Group Inc. RI Sells 857 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Citizens Financial Group Inc. RI reduced its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,397 shares of the company’s stock after selling 857 shares during the period. Citizens Financial Group Inc. RI’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,697,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SCHM. Cerity Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,509.2% in the 4th quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after purchasing an additional 17,766,110 shares during the period. Sheets Smith Wealth Management boosted its holdings in Schwab U.S. Mid-Cap ETF by 1,864.1% in the 4th quarter. Sheets Smith Wealth Management now owns 448,039 shares of the company’s stock valued at $33,746,000 after purchasing an additional 425,228 shares during the period. Advocacy Wealth Management Services LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $26,898,000. Trust Point Inc. bought a new stake in Schwab U.S. Mid-Cap ETF in the 4th quarter valued at $16,609,000. Finally, Tradewinds Capital Management LLC bought a new stake in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at $17,337,000.

Schwab U.S. Mid-Cap ETF Stock Down 2.7 %

Schwab U.S. Mid-Cap ETF stock traded down $2.17 during mid-day trading on Friday, reaching $77.42. The company had a trading volume of 279,966 shares, compared to its average volume of 305,179. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week high of $82.26. The company has a 50 day moving average of $78.78 and a 200-day moving average of $78.06. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

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.