Schwab U.S. Mid-Cap ETF $SCHM is Reston Wealth Management LLC’s 10th Largest Position

Reston Wealth Management LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 202,489 shares of the company’s stock after acquiring an additional 19,490 shares during the quarter. Schwab U.S. Mid-Cap ETF makes up 1.9% of Reston Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Reston Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.4% in the second quarter. Creative Planning now owns 29,603,590 shares of the company’s stock valued at $830,381,000 after acquiring an additional 684,597 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Schwab U.S. Mid-Cap ETF by 25.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,272,223 shares of the company’s stock valued at $288,136,000 after buying an additional 2,070,689 shares in the last quarter. Advisory Alpha LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 14.7% during the second quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock valued at $234,882,000 after buying an additional 1,072,948 shares in the last quarter. Legacy Wealth Management Inc grew its holdings in Schwab U.S. Mid-Cap ETF by 0.5% during the third quarter. Legacy Wealth Management Inc now owns 4,204,735 shares of the company’s stock valued at $124,628,000 after purchasing an additional 22,803 shares during the last quarter. Finally, Fragasso Financial Advisors Inc lifted its position in Schwab U.S. Mid-Cap ETF by 0.7% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,928,064 shares of the company’s stock worth $87,959,000 after acquiring an additional 19,484 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Trading Down 1.0%

Shares of Schwab U.S. Mid-Cap ETF stock opened at $30.07 on Friday. The company’s fifty day simple moving average is $29.86 and its 200-day simple moving average is $29.33. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 1 year low of $22.41 and a 1 year high of $30.91.

Schwab U.S. Mid-Cap ETF 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.