Family Investment Center Inc. Has $4.56 Million Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Family Investment Center Inc. decreased its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.6% during the 2nd quarter, Holdings Channel reports. The firm owned 58,551 shares of the company’s stock after selling 931 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 1.4% of Family Investment Center Inc.’s investment portfolio, making the stock its 20th biggest position. Family Investment Center Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,557,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in Schwab U.S. Mid-Cap ETF by 75.9% during the first quarter. EverSource Wealth Advisors LLC now owns 343 shares of the company’s stock worth $26,000 after buying an additional 148 shares during the last quarter. Valued Wealth Advisors LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 3,900.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 390 shares during the period. Institutional & Family Asset Management LLC increased its stake in shares of 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 worth $34,000 after purchasing an additional 360 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter valued at about $53,000. Finally, Contravisory Investment Management Inc. raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 21.0% in the 1st quarter. Contravisory Investment Management Inc. now owns 818 shares of the company’s stock valued at $67,000 after purchasing an additional 142 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 0.1 %

Shares of SCHM traded up $0.09 during mid-day trading on Friday, reaching $79.58. The company’s stock had a trading volume of 279,919 shares, compared to its average volume of 309,271. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $82.26. The business has a 50-day simple moving average of $78.49 and a two-hundred day simple moving average of $78.32. The stock has a market cap of $11.41 billion, a P/E ratio of 16.47 and a beta of 1.09.

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.