Diversify Wealth Management LLC Has $4.23 Million Holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Diversify Wealth Management LLC reduced its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 153,127 shares of the company’s stock after selling 824 shares during the period. Diversify Wealth Management LLC owned approximately 0.11% of Schwab U.S. Mid-Cap ETF worth $4,229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SCHM. Bush Investment Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 0.5% in the 3rd quarter. Bush Investment Group LLC now owns 128,379 shares of the company’s stock valued at $10,667,000 after purchasing an additional 673 shares during the period. Denver PWM LLC boosted its stake in Schwab U.S. Mid-Cap ETF by 2.8% in the 3rd quarter. Denver PWM LLC now owns 204,460 shares of the company’s stock valued at $16,989,000 after purchasing an additional 5,553 shares during the period. Anchor Investment Management LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 1.6% in the 3rd quarter. Anchor Investment Management LLC now owns 70,223 shares of the company’s stock valued at $5,835,000 after purchasing an additional 1,136 shares during the period. World Investment Advisors LLC grew its position in Schwab U.S. Mid-Cap ETF by 10.5% during the third quarter. World Investment Advisors LLC now owns 7,893 shares of the company’s stock worth $656,000 after buying an additional 747 shares in the last quarter. Finally, Synovus Financial Corp increased its position in shares of Schwab U.S. Mid-Cap ETF by 100.0% in the third quarter. Synovus Financial Corp now owns 15,250 shares of the company’s stock worth $1,267,000 after purchasing an additional 7,626 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

Schwab U.S. Mid-Cap ETF stock opened at $28.82 on Monday. The stock has a market capitalization of $4.13 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.24 and a 52 week high of $30.28. The stock has a fifty day moving average of $28.72 and a 200-day moving average of $27.63.

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.