Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) is Financial Management Professionals Inc.’s 7th Largest Position

Financial Management Professionals Inc. lessened its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 62.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 261,503 shares of the company’s stock after selling 439,099 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up about 5.5% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 7th largest holding. Financial Management Professionals Inc. owned about 0.23% of Schwab U.S. Mid-Cap ETF worth $14,785,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Mercantile Trust Co. purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter valued at $48,560,000. Resources Investment Advisors LLC. raised its stake in Schwab U.S. Mid-Cap ETF by 121.2% during the second quarter. Resources Investment Advisors LLC. now owns 1,068,825 shares of the company’s stock valued at $61,019,000 after buying an additional 585,617 shares during the last quarter. Morgan Stanley raised its stake in Schwab U.S. Mid-Cap ETF by 138.3% during the second quarter. Morgan Stanley now owns 884,859 shares of the company’s stock valued at $50,517,000 after buying an additional 513,529 shares during the last quarter. Legacy Wealth Management Inc raised its stake in Schwab U.S. Mid-Cap ETF by 42.5% during the third quarter. Legacy Wealth Management Inc now owns 1,405,278 shares of the company’s stock valued at $79,454,000 after buying an additional 419,371 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake 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 valued at $37,448,000 after buying an additional 413,791 shares during the last quarter.

NYSEARCA:SCHM traded up $0.83 during trading hours on Friday, reaching $56.09. 15,809 shares of the company traded hands, compared to its average volume of 396,751. The business’s 50-day moving average price is $56.09 and its two-hundred day moving average price is $56.28. Schwab U.S. Mid-Cap ETF has a 1 year low of $44.97 and a 1 year high of $58.49.



The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2309 per share. This represents a yield of 1.4%. The ex-dividend date was Wednesday, September 25th.

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

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