WJ Financial Advisors LLC Takes Position in Schwab U.S. Mid-Cap ETF $SCHM

WJ Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 69,148 shares of the company’s stock, valued at approximately $2,050,000. Schwab U.S. Mid-Cap ETF makes up approximately 2.0% of WJ Financial Advisors LLC’s holdings, making the stock its 10th biggest holding.

A number of other hedge funds have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in Schwab U.S. Mid-Cap ETF by 25.2% during 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 acquiring an additional 2,070,689 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Schwab U.S. Mid-Cap ETF by 2,708.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,924,641 shares of the company’s stock valued at $57,046,000 after purchasing an additional 1,856,108 shares during the period. Advisory Alpha LLC lifted its holdings in Schwab U.S. Mid-Cap ETF by 14.7% during the 2nd quarter. Advisory Alpha LLC now owns 8,373,700 shares of the company’s stock worth $234,882,000 after purchasing an additional 1,072,948 shares in the last quarter. Creative Planning boosted its stake in Schwab U.S. Mid-Cap ETF by 2.4% in the 2nd quarter. Creative Planning now owns 29,603,590 shares of the company’s stock worth $830,381,000 after purchasing an additional 684,597 shares during the period. Finally, Corient Private Wealth LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 97.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,289,510 shares of the company’s stock valued at $36,187,000 after buying an additional 637,571 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Trading Up 1.1%

Shares of Schwab U.S. Mid-Cap ETF stock opened at $32.55 on Friday. The company’s 50-day moving average price is $31.35 and its 200-day moving average price is $30.11. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $33.13. The company has a market cap of $13.33 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

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.