Heirloom Wealth Management Lowers Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Heirloom Wealth Management lessened its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,112 shares of the company’s stock after selling 1,021 shares during the quarter. Heirloom Wealth Management’s holdings in Schwab U.S. Mid-Cap ETF were worth $310,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Baltimore Washington Financial Advisors Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $2,658,000. WestHill Financial Advisors Inc. purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at approximately $28,000. Worth Asset Management LLC purchased a new position in shares of Schwab U.S. Mid-Cap ETF in the first quarter valued at approximately $29,000. Sound Income Strategies LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 77.1% in the third quarter. Sound Income Strategies LLC now owns 471 shares of the company’s stock valued at $32,000 after purchasing an additional 205 shares during the period. Finally, Fifth Third Bancorp boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,285.7% in the third quarter. Fifth Third Bancorp now owns 485 shares of the company’s stock valued at $33,000 after purchasing an additional 450 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM traded up $0.04 during midday trading on Friday, hitting $75.74. The company’s stock had a trading volume of 334,370 shares, compared to its average volume of 318,080. The business’s fifty day simple moving average is $78.40 and its two-hundred day simple moving average is $73.33. Schwab U.S. Mid-Cap ETF has a 1 year low of $62.87 and a 1 year high of $81.74. The firm has a market capitalization of $10.83 billion, a price-to-earnings ratio of 16.71 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.