Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Sold by Lathrop Investment Management Corp

Lathrop Investment Management Corp trimmed its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.1% during the fourth quarter, HoldingsChannel reports. The fund owned 72,527 shares of the company’s stock after selling 6,418 shares during the quarter. Lathrop Investment Management Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHM. Perigon Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.3% during the fourth quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after buying an additional 136 shares during the period. Carnegie Capital Asset Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 2.5% during the fourth quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock worth $422,000 after buying an additional 136 shares during the period. Sawgrass Asset Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 1.2% during the third quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock worth $862,000 after buying an additional 150 shares during the period. Arlington Financial Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 1.0% during the fourth quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock worth $1,317,000 after buying an additional 168 shares during the period. Finally, Greenwood Gearhart Inc. grew its position in Schwab U.S. Mid-Cap ETF by 3.6% during the third quarter. Greenwood Gearhart Inc. now owns 4,951 shares of the company’s stock worth $335,000 after buying an additional 170 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM traded up $0.33 on Friday, hitting $77.33. 201,087 shares of the company were exchanged, compared to its average volume of 317,755. The business’s fifty day moving average is $78.50 and its 200 day moving average is $73.70. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $62.87 and a fifty-two week high of $81.74. The firm has a market capitalization of $11.06 billion, a P/E ratio of 16.71 and a beta of 1.09.

Schwab U.S. Mid-Cap ETF Company 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.