Csenge Advisory Group Cuts Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Csenge Advisory Group cut its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 7.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,598 shares of the company’s stock after selling 935 shares during the quarter. Csenge Advisory Group’s holdings in Schwab U.S. Mid-Cap ETF were worth $944,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cerity Partners LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 1,509.2% in the fourth quarter. Cerity Partners LLC now owns 18,943,319 shares of the company’s stock valued at $1,426,811,000 after buying an additional 17,766,110 shares in the last quarter. Creative Planning increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Creative Planning now owns 10,259,228 shares of the company’s stock valued at $772,725,000 after purchasing an additional 25,791 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,718,778 shares of the company’s stock valued at $129,458,000 after purchasing an additional 5,820 shares during the period. Advisory Alpha LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 3.2% during the fourth quarter. Advisory Alpha LLC now owns 1,530,160 shares of the company’s stock worth $115,258,000 after buying an additional 47,415 shares in the last quarter. Finally, Legacy Wealth Management Inc grew its position in Schwab U.S. Mid-Cap ETF by 2.2% during the fourth quarter. Legacy Wealth Management Inc now owns 1,401,284 shares of the company’s stock worth $105,545,000 after buying an additional 30,241 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 2.0 %

SCHM stock opened at $79.26 on Friday. The firm has a 50 day moving average of $78.56 and a 200-day moving average of $77.45. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $81.74.

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.