Hartline Investment Corp Sells 601 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Hartline Investment Corp lessened its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 17.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,839 shares of the company’s stock after selling 601 shares during the quarter. Hartline Investment Corp’s holdings in Schwab U.S. Mid-Cap ETF were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FAS Wealth Partners Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 0.7% in the fourth quarter. FAS Wealth Partners Inc. now owns 178,151 shares of the company’s stock valued at $13,418,000 after purchasing an additional 1,205 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its stake in Schwab U.S. Mid-Cap ETF by 15.5% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 25,349 shares of the company’s stock valued at $1,909,000 after purchasing an additional 3,410 shares during the last quarter. Mengis Capital Management Inc. lifted its stake in Schwab U.S. Mid-Cap ETF by 0.3% in the third quarter. Mengis Capital Management Inc. now owns 52,221 shares of the company’s stock valued at $3,534,000 after purchasing an additional 175 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 9.5% during the fourth quarter. Larson Financial Group LLC now owns 168,186 shares of the company’s stock worth $12,668,000 after acquiring an additional 14,551 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 0.4% during the fourth quarter. Avior Wealth Management LLC now owns 103,869 shares of the company’s stock worth $7,823,000 after acquiring an additional 434 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA:SCHM traded up $0.08 during trading on Wednesday, hitting $77.36. 221,994 shares of the company were exchanged, compared to its average volume of 320,521. The company has a market cap of $11.06 billion, a PE ratio of 16.71 and a beta of 1.09. The stock has a 50 day moving average of $78.45 and a 200 day moving average of $73.58. Schwab U.S. Mid-Cap ETF has a 52-week low of $62.87 and a 52-week high of $81.74.

Schwab U.S. Mid-Cap ETF 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.