WJ Financial Advisors LLC Purchases Shares of 69,148 Schwab U.S. Mid-Cap ETF $SCHM

WJ Financial Advisors LLC acquired a new position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 69,148 shares of the company’s stock, valued at approximately $2,050,000. Schwab U.S. Mid-Cap ETF comprises 2.0% of WJ Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding.

A number of other large investors also recently modified their holdings of the stock. Guerra Advisors Inc purchased a new stake in Schwab U.S. Mid-Cap ETF in the 3rd quarter valued at $33,000. Geneos Wealth Management Inc. boosted its holdings in Schwab U.S. Mid-Cap ETF by 54.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,479 shares of the company’s stock worth $41,000 after acquiring an additional 519 shares during the last quarter. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Schwab U.S. Mid-Cap ETF in the 2nd quarter worth $42,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Mid-Cap ETF in the third quarter valued at about $64,000. Finally, Eastern Bank bought a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at about $70,000.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of SCHM stock opened at $32.55 on Friday. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $33.13. The company has a 50-day simple moving average of $31.35 and a two-hundred day simple moving average of $30.11.

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.