Forte Capital LLC ADV Cuts Stock Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Forte Capital LLC ADV cut its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 227,883 shares of the company’s stock valued at $15,423,000 after purchasing an additional 9,914 shares in the last quarter. Stratos Wealth Advisors LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 15.8% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 9,549 shares of the company’s stock worth $646,000 after buying an additional 1,300 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in Schwab U.S. Mid-Cap ETF by 19.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 10,116 shares of the company’s stock worth $685,000 after buying an additional 1,634 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Schwab U.S. Mid-Cap ETF by 6.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,563 shares of the company’s stock worth $512,000 after acquiring an additional 474 shares in the last quarter. Finally, Gradient Capital Advisors LLC increased its holdings in shares of Schwab U.S. Mid-Cap ETF by 3.3% in the 3rd quarter. Gradient Capital Advisors LLC now owns 99,723 shares of the company’s stock valued at $6,749,000 after acquiring an additional 3,216 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of NYSEARCA SCHM traded up $0.70 during midday trading on Friday, hitting $78.03. 1,148,422 shares of the company’s stock were exchanged, compared to its average volume of 328,519. The firm’s fifty day simple moving average is $78.59 and its 200-day simple moving average is $74.09. The company has a market cap of $11.19 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a twelve month low of $62.87 and a twelve month high of $81.74.

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.