Altus Wealth Group LLC Sells 14,018 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Altus Wealth Group LLC trimmed its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 21.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 51,648 shares of the company’s stock after selling 14,018 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up approximately 2.0% of Altus Wealth Group LLC’s portfolio, making the stock its 12th biggest position. Altus Wealth Group LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $4,020,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Kingsview Wealth Management LLC grew its stake in Schwab U.S. Mid-Cap ETF by 0.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 14,509 shares of the company’s stock valued at $1,181,000 after acquiring an additional 126 shares during the period. Fairman Group LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 6.9% in the second quarter. Fairman Group LLC now owns 1,965 shares of the company’s stock valued at $153,000 after acquiring an additional 127 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 1.2% in the second quarter. Cornerstone Wealth Management LLC now owns 11,166 shares of the company’s stock worth $869,000 after acquiring an additional 130 shares during the last quarter. Waterfront Wealth Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 0.6% during the 2nd quarter. Waterfront Wealth Inc. now owns 22,529 shares of the company’s stock worth $1,753,000 after acquiring an additional 130 shares in the last quarter. Finally, RFG Advisory LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 3.6% during the second quarter. RFG Advisory LLC now owns 4,012 shares of the company’s stock worth $312,000 after purchasing an additional 141 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $79.04 on Friday. The company has a market capitalization of $11.33 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $82.28. The stock has a 50-day simple moving average of $79.22 and a 200-day simple moving average of $78.81.

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.