Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Stake Decreased by Valley Forge Investment Consultants Inc. ADV

Valley Forge Investment Consultants Inc. ADV reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 88,230 shares of the company’s stock after selling 3,238 shares during the period. Schwab U.S. Mid-Cap ETF makes up 2.6% of Valley Forge Investment Consultants Inc. ADV’s investment portfolio, making the stock its 7th biggest position. Valley Forge Investment Consultants Inc. ADV owned about 0.06% of Schwab U.S. Mid-Cap ETF worth $6,867,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Kingsview Wealth Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 0.9% during the first 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 last quarter. Fairman Group LLC raised its position in Schwab U.S. Mid-Cap ETF by 6.9% in the 2nd quarter. Fairman Group LLC now owns 1,965 shares of the company’s stock worth $153,000 after purchasing an additional 127 shares during the period. 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 purchasing an additional 130 shares during the last quarter. Waterfront Wealth Inc. boosted its position in Schwab U.S. Mid-Cap ETF by 0.6% during the second quarter. Waterfront Wealth Inc. now owns 22,529 shares of the company’s stock valued at $1,753,000 after buying an additional 130 shares during the period. Finally, RFG Advisory LLC grew its stake in shares of 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 valued at $312,000 after buying an additional 141 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.5 %

NYSEARCA SCHM opened at $80.69 on Monday. The firm has a market cap of $11.57 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 1-year low of $62.87 and a 1-year high of $82.28. The stock has a 50-day moving average of $79.40 and a 200-day moving average of $78.93.

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.