Reston Wealth Management LLC Purchases 19,490 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Reston Wealth Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 10.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 accounts for approximately 1.9% of Reston Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Reston Wealth Management LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $6,002,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mokosak Advisory Group LLC grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.5% in the third quarter. Mokosak Advisory Group LLC now owns 1,096,069 shares of the company’s stock valued at $32,487,000 after purchasing an additional 16,604 shares in the last quarter. Balance Wealth LLC boosted its position in shares of Schwab U.S. Mid-Cap ETF by 34.0% during the 3rd quarter. Balance Wealth LLC now owns 13,668 shares of the company’s stock worth $405,000 after acquiring an additional 3,471 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its position in shares of Schwab U.S. Mid-Cap ETF by 1.6% during the third quarter. DHJJ Financial Advisors Ltd. now owns 200,375 shares of the company’s stock worth $5,939,000 after acquiring an additional 3,096 shares during the last quarter. Squire Investment Management Company LLC grew its stake in shares of Schwab U.S. Mid-Cap ETF by 9.4% in the 3rd quarter. Squire Investment Management Company LLC now owns 36,276 shares of the company’s stock valued at $1,075,000 after purchasing an additional 3,110 shares during the last quarter. Finally, 1900 Wealth Management LLC raised its position in Schwab U.S. Mid-Cap ETF by 1.6% during the 3rd quarter. 1900 Wealth Management LLC now owns 46,973 shares of the company’s stock worth $1,392,000 after buying an additional 740 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 stock has a market cap of $12.22 billion, a PE ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 12-month low of $22.41 and a 12-month high of $30.91. The company has a 50-day moving average of $29.86 and a two-hundred day moving average of $29.33.

Schwab U.S. Mid-Cap ETF Company 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.