Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Harbor Group Inc.

Harbor Group Inc. decreased its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 164,870 shares of the company’s stock after selling 1,897 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 3.3% of Harbor Group Inc.’s investment portfolio, making the stock its 12th largest holding. Harbor Group Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $12,832,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SCHM. GHP Investment Advisors Inc. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 5.8% during the 4th quarter. GHP Investment Advisors Inc. now owns 12,354 shares of the company’s stock worth $931,000 after purchasing an additional 673 shares during the period. Cerity Partners LLC lifted its position in Schwab U.S. Mid-Cap ETF by 1,509.2% during the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after buying an additional 17,766,110 shares in the last quarter. Morton Brown Family Wealth LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the fourth quarter worth about $72,000. Perigon Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock valued at $3,033,000 after purchasing an additional 136 shares in the last quarter. Finally, Essex LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 52.9% in the fourth quarter. Essex LLC now owns 157,631 shares of the company’s stock valued at $11,873,000 after buying an additional 54,559 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM traded down $0.02 during midday trading on Friday, hitting $77.20. 245,524 shares of the stock traded hands, compared to its average volume of 306,016. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $82.26. The firm has a market capitalization of $11.07 billion, a PE ratio of 16.47 and a beta of 1.09. The business’s 50 day moving average price is $78.46 and its two-hundred day moving average price is $78.20.

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.