Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Summit Wealth & Retirement Planning Inc.’s 4th Largest Position

Summit Wealth & Retirement Planning Inc. reduced its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 0.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 160,895 shares of the company’s stock after selling 827 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for approximately 5.4% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 4th largest holding. Summit Wealth & Retirement Planning Inc. owned 0.14% of Schwab U.S. Mid-Cap ETF worth $9,185,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHM. Mercer Global Advisors Inc. ADV acquired a new position in Schwab U.S. Mid-Cap ETF during the first quarter worth about $27,158,000. Pinkerton Retirement Specialists LLC grew its position in Schwab U.S. Mid-Cap ETF by 8,901.6% during the first quarter. Pinkerton Retirement Specialists LLC now owns 488,159 shares of the company’s stock worth $27,039,000 after buying an additional 482,736 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Schwab U.S. Mid-Cap ETF by 179.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 644,108 shares of the company’s stock worth $37,448,000 after buying an additional 413,791 shares during the period. Financial Engines Advisors L.L.C. grew its position in Schwab U.S. Mid-Cap ETF by 18.8% during the first quarter. Financial Engines Advisors L.L.C. now owns 2,474,878 shares of the company’s stock worth $137,083,000 after buying an additional 391,542 shares during the period. Finally, Financial Consulate Inc. grew its position in Schwab U.S. Mid-Cap ETF by 182.7% during the first quarter. Financial Consulate Inc. now owns 483,960 shares of the company’s stock worth $26,807,000 after buying an additional 312,771 shares during the period.

Shares of SCHM stock traded down $0.14 during trading hours on Thursday, hitting $55.70. The company’s stock had a trading volume of 80,819 shares, compared to its average volume of 420,670. The business has a fifty day moving average of $56.95 and a 200-day moving average of $56.02. Schwab U.S. Mid-Cap ETF has a twelve month low of $44.97 and a twelve month high of $58.83.

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

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