Schwab U.S. Mid-Cap ETF $SCHM Stock Position Increased by Reston Wealth Management LLC

Reston Wealth Management LLC raised its holdings in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 8.9% during the second quarter, Holdings Channel.com reports. The firm owned 182,999 shares of the company’s stock after purchasing an additional 15,020 shares during the period. Schwab U.S. Mid-Cap ETF makes up 1.8% of Reston Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Reston Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,133,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. ETF Store Inc. raised its holdings in Schwab U.S. Mid-Cap ETF by 5.9% in the 2nd quarter. ETF Store Inc. now owns 50,718 shares of the company’s stock valued at $1,423,000 after buying an additional 2,820 shares during the period. Atlantic Union Bankshares Corp purchased a new position in Schwab U.S. Mid-Cap ETF during the second quarter worth about $598,000. Columbia River Financial Group LLC increased its position in shares of Schwab U.S. Mid-Cap ETF by 4.5% during the second quarter. Columbia River Financial Group LLC now owns 76,718 shares of the company’s stock valued at $2,191,000 after acquiring an additional 3,269 shares during the last quarter. Arrowroot Family Office LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the second quarter valued at about $2,120,000. Finally, Blue Barn Wealth LLC raised its stake in shares of Schwab U.S. Mid-Cap ETF by 5.4% in the 2nd quarter. Blue Barn Wealth LLC now owns 172,087 shares of the company’s stock valued at $4,828,000 after acquiring an additional 8,798 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM opened at $29.08 on Friday. Schwab U.S. Mid-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.31. The company has a 50 day moving average price of $29.69 and a 200 day moving average price of $28.42. The stock has a market capitalization of $11.82 billion, a P/E 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.