Charles Schwab Trust Co Increases Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Charles Schwab Trust Co lifted its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,083,343 shares of the company’s stock after buying an additional 60,044 shares during the period. Schwab U.S. REIT ETF accounts for 2.0% of Charles Schwab Trust Co’s portfolio, making the stock its 12th biggest position. Charles Schwab Trust Co’s holdings in Schwab U.S. REIT ETF were worth $22,815,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SCHH. Stifel Financial Corp boosted its stake in shares of Schwab U.S. REIT ETF by 6.5% during the third quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock valued at $781,000 after purchasing an additional 2,044 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at $263,000. Lifeworks Advisors LLC bought a new position in shares of Schwab U.S. REIT ETF in the 3rd quarter worth $278,000. Stableford Capital II LLC lifted its stake in shares of Schwab U.S. REIT ETF by 206.9% during the 3rd quarter. Stableford Capital II LLC now owns 62,952 shares of the company’s stock worth $1,418,000 after purchasing an additional 42,438 shares during the last quarter. Finally, Evergreen Capital Management LLC boosted its position in Schwab U.S. REIT ETF by 1.6% during the second quarter. Evergreen Capital Management LLC now owns 29,934 shares of the company’s stock valued at $603,000 after purchasing an additional 467 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $21.12 on Tuesday. The firm has a market capitalization of $6.70 billion, a PE ratio of 26.49 and a beta of 0.97. The business’s 50-day moving average is $21.72 and its two-hundred day moving average is $22.04. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66.

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.