Cypress Wealth Services LLC Lowers Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

Cypress Wealth Services LLC lessened its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 19.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 24,889 shares of the company’s stock after selling 5,850 shares during the quarter. Cypress Wealth Services LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,407,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. First Mercantile Trust Co. purchased a new stake in Schwab U.S. Mid-Cap ETF in the 2nd quarter worth approximately $48,560,000. Colony Group LLC boosted its position in Schwab U.S. Mid-Cap ETF by 198.4% in the 2nd quarter. Colony Group LLC now owns 21,889 shares of the company’s stock worth $1,250,000 after purchasing an additional 14,553 shares in the last quarter. Insight Wealth Strategies LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 121.9% during the 2nd quarter. Insight Wealth Strategies LLC now owns 217,113 shares of the company’s stock worth $12,395,000 after buying an additional 119,272 shares during the period. Gainplan LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 184.3% during the 2nd quarter. Gainplan LLC now owns 18,225 shares of the company’s stock worth $1,040,000 after buying an additional 11,815 shares during the period. Finally, Elwood & Goetz Wealth Advisory Group LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 4.8% during the 2nd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 144,764 shares of the company’s stock worth $8,265,000 after buying an additional 6,656 shares during the period.

Shares of SCHM stock traded up $0.28 during trading hours on Thursday, hitting $56.52. 340 shares of the company’s stock were exchanged, compared to its average volume of 395,554. The firm has a 50 day moving average of $56.22 and a two-hundred day moving average of $56.33. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $44.97 and a fifty-two week high of $58.49.

The firm also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.2309 per share. This represents a dividend 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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