Valley Forge Investment Consultants Inc. ADV Cuts Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Valley Forge Investment Consultants Inc. ADV lessened its position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 3.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,230 shares of the company’s stock after selling 3,238 shares during the quarter. Schwab U.S. Mid-Cap ETF accounts for 2.6% of Valley Forge Investment Consultants Inc. ADV’s portfolio, making the stock its 7th largest position. Valley Forge Investment Consultants Inc. ADV’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,867,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Williams Financial LLC increased its stake in Schwab U.S. Mid-Cap ETF by 3.7% in the 2nd quarter. Williams Financial LLC now owns 5,205 shares of the company’s stock worth $405,000 after buying an additional 188 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Schwab U.S. Mid-Cap ETF by 6.3% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 15,031 shares of the company’s stock worth $1,170,000 after buying an additional 889 shares during the last quarter. Thoroughbred Financial Services LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 3.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 12,521 shares of the company’s stock worth $974,000 after acquiring an additional 381 shares in the last quarter. Parallel Advisors LLC lifted its position in Schwab U.S. Mid-Cap ETF by 6.8% during the second quarter. Parallel Advisors LLC now owns 12,152 shares of the company’s stock valued at $946,000 after acquiring an additional 779 shares during the last quarter. Finally, GHP Investment Advisors Inc. boosted its stake in Schwab U.S. Mid-Cap ETF by 2.0% in the second quarter. GHP Investment Advisors Inc. now owns 12,868 shares of the company’s stock valued at $1,001,000 after acquiring an additional 254 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.5 %

NYSEARCA SCHM opened at $80.69 on Monday. The firm’s fifty day simple moving average is $79.40 and its two-hundred day simple moving average is $78.93. The firm has a market capitalization of $11.57 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12-month low of $62.87 and a 12-month high of $82.28.

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.