Newport Wealth Strategies Inc. grew its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,656 shares of the company’s stock after purchasing an additional 730 shares during the period. Schwab U.S. Mid-Cap ETF comprises about 3.5% of Newport Wealth Strategies Inc.’s investment portfolio, making the stock its 7th biggest holding. Newport Wealth Strategies Inc.’s holdings in Schwab U.S. Mid-Cap ETF were worth $3,825,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Mackey Komara & Dankovich LLC grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 469.4% in the second quarter. Mackey Komara & Dankovich LLC now owns 558 shares of the company’s stock worth $32,000 after acquiring an additional 460 shares during the period. Glassman Wealth Services bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $40,000. BlackRock Inc. grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 40.3% in the second quarter. BlackRock Inc. now owns 773 shares of the company’s stock worth $44,000 after acquiring an additional 222 shares during the period. First National Corp MA ADV grew its holdings in shares of Schwab U.S. Mid-Cap ETF by 5.2% in the first quarter. First National Corp MA ADV now owns 181,106 shares of the company’s stock worth $68,000 after acquiring an additional 8,975 shares during the period. Finally, Carroll Financial Associates Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the second quarter worth $81,000.

Shares of SCHM traded up $0.43 during trading hours on Wednesday, hitting $54.99. The stock had a trading volume of 268,843 shares, compared to its average volume of 397,579. The stock has a fifty day moving average price of $56.12 and a 200 day moving average price of $56.28. Schwab U.S. Mid-Cap ETF has a 12 month low of $44.97 and a 12 month high of $58.49.

The business also recently declared a — dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued 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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