Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 223.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 584,344 shares of the company’s stock after purchasing an additional 403,932 shares during the period. HighTower Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $13,535,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in shares of 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 purchasing an additional 24,596,367 shares in the last quarter. US Bancorp DE lifted its holdings in Schwab U.S. REIT ETF by 4.6% in the 2nd quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock worth $544,680,000 after buying an additional 1,201,620 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in Schwab U.S. REIT ETF in the 2nd quarter valued at about $23,895,000. Benjamin Edwards Inc. boosted its position in 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 valued at $19,834,000 after buying an additional 847,388 shares during the last quarter. Finally, BlueSky Wealth Advisors LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the second quarter valued at about $16,001,000.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH opened at $22.59 on Friday. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The business’s 50-day simple moving average is $22.68 and its 200 day simple moving average is $21.72.

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.