Breakwater Investment Management Grows Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Breakwater Investment Management grew its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,496 shares of the company’s stock after buying an additional 2,447 shares during the period. Breakwater Investment Management’s holdings in Schwab U.S. REIT ETF were worth $1,068,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Human Investing LLC lifted its holdings in Schwab U.S. REIT ETF by 14.1% during the second quarter. Human Investing LLC now owns 23,152 shares of the company’s stock valued at $462,000 after purchasing an additional 2,867 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab U.S. REIT ETF by 3.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 483,883 shares of the company’s stock valued at $9,663,000 after buying an additional 17,422 shares in the last quarter. Commerce Bank purchased a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter valued at approximately $302,000. Greenwood Capital Associates LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter worth approximately $274,000. Finally, Waterloo Capital L.P. purchased a new position in Schwab U.S. REIT ETF in the 4th quarter valued at approximately $896,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $23.45 on Friday. The company has a market cap of $7.44 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 1 year low of $16.63 and a 1 year high of $23.45. The stock’s fifty day moving average price is $21.75 and its two-hundred day moving average price is $20.41.

Schwab U.S. REIT ETF Profile

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.