Forte Capital LLC ADV Reduces Stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Forte Capital LLC ADV cut its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,240 shares of the company’s stock after selling 185 shares during the period. Forte Capital LLC ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,106,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Perigon Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.3% in the 4th quarter. Perigon Wealth Management LLC now owns 40,271 shares of the company’s stock worth $3,033,000 after purchasing an additional 136 shares during the period. Carnegie Capital Asset Management LLC boosted its position in Schwab U.S. Mid-Cap ETF by 2.5% during the 4th quarter. Carnegie Capital Asset Management LLC now owns 5,597 shares of the company’s stock valued at $422,000 after acquiring an additional 136 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 13.6% during the 4th quarter. Benjamin Edwards Inc. now owns 1,153 shares of the company’s stock worth $87,000 after acquiring an additional 138 shares during the period. Sawgrass Asset Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the 3rd quarter. Sawgrass Asset Management LLC now owns 12,737 shares of the company’s stock worth $862,000 after acquiring an additional 150 shares in the last quarter. Finally, Arlington Financial Advisors LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 1.0% in the 4th quarter. Arlington Financial Advisors LLC now owns 17,480 shares of the company’s stock valued at $1,317,000 after purchasing an additional 168 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA SCHM traded up $0.70 during mid-day trading on Friday, hitting $78.03. 1,148,422 shares of the stock traded hands, compared to its average volume of 328,519. The stock has a fifty day moving average price of $78.59 and a 200-day moving average price of $74.09. The company has a market cap of $11.19 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $62.87 and a 52 week 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.