Envestnet Asset Management Inc. Lowers Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Envestnet Asset Management Inc. decreased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHMFree Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 736,006 shares of the company’s stock after selling 21,192 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.53% of Schwab U.S. Mid-Cap ETF worth $55,436,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Exencial Wealth Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 8.6% during the fourth quarter. Exencial Wealth Advisors LLC now owns 303,421 shares of the company’s stock valued at $22,854,000 after purchasing an additional 24,115 shares in the last quarter. Per Stirling Capital Management LLC. lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 15.3% during the 4th quarter. Per Stirling Capital Management LLC. now owns 12,429 shares of the company’s stock valued at $936,000 after buying an additional 1,647 shares in the last quarter. Holderness Investments Co. boosted its holdings in Schwab U.S. Mid-Cap ETF by 9.8% in the 4th quarter. Holderness Investments Co. now owns 9,230 shares of the company’s stock worth $695,000 after buying an additional 824 shares during the period. Jones Financial Companies Lllp increased its stake in Schwab U.S. Mid-Cap ETF by 1.7% in the 4th quarter. Jones Financial Companies Lllp now owns 216,743 shares of the company’s stock worth $16,325,000 after buying an additional 3,716 shares in the last quarter. Finally, SWS Partners raised its holdings in Schwab U.S. Mid-Cap ETF by 6.4% during the fourth quarter. SWS Partners now owns 22,363 shares of the company’s stock valued at $1,684,000 after acquiring an additional 1,340 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Up 0.5 %

NYSEARCA SCHM opened at $78.12 on Tuesday. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74. The business has a 50-day moving average price of $78.61 and a 200-day moving average price of $76.58. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 16.47 and a beta of 1.09.

About Schwab U.S. Mid-Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

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