Friedenthal Financial Decreases Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Friedenthal Financial decreased its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,317 shares of the company’s stock after selling 1,514 shares during the quarter. Friedenthal Financial’s holdings in Schwab U.S. REIT ETF were worth $596,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SCHH. FMR LLC boosted its stake in Schwab U.S. REIT ETF by 49,667.6% during the third quarter. FMR LLC now owns 24,645,889 shares of the company’s stock worth $571,045,000 after buying an additional 24,596,367 shares during the period. Benjamin Edwards Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 9,727.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 856,099 shares of the company’s stock worth $19,834,000 after acquiring an additional 847,388 shares during the last quarter. Pure Portfolios Holdings LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter worth about $12,535,000. BNP Paribas Financial Markets grew its holdings in Schwab U.S. REIT ETF by 101.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,071,927 shares of the company’s stock valued at $24,837,000 after purchasing an additional 540,925 shares during the last quarter. Finally, Cerity Partners LLC raised its position in Schwab U.S. REIT ETF by 15.5% in the 3rd quarter. Cerity Partners LLC now owns 3,294,126 shares of the company’s stock worth $76,325,000 after purchasing an additional 442,762 shares during the period.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH traded up $0.27 during trading on Monday, hitting $20.47. The stock had a trading volume of 5,705,061 shares, compared to its average volume of 7,025,766. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The stock has a 50 day simple moving average of $21.91 and a 200 day simple moving average of $22.00. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

About Schwab U.S. REIT ETF

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.