Davis Capital Management Sells 2,118 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Davis Capital Management decreased its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 92,215 shares of the company’s stock after selling 2,118 shares during the quarter. Schwab U.S. REIT ETF comprises 1.6% of Davis Capital Management’s investment portfolio, making the stock its 16th biggest position. Davis Capital Management’s holdings in Schwab U.S. REIT ETF were worth $1,942,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Braun Bostich & Associates Inc. boosted its holdings in Schwab U.S. REIT ETF by 0.8% in the 4th quarter. Braun Bostich & Associates Inc. now owns 73,288 shares of the company’s stock valued at $1,543,000 after purchasing an additional 598 shares during the period. MCF Advisors LLC boosted its holdings in Schwab U.S. REIT ETF by 951.7% in the 4th quarter. MCF Advisors LLC now owns 3,744 shares of the company’s stock valued at $79,000 after purchasing an additional 3,388 shares during the period. Courage Miller Partners LLC raised its position in shares of Schwab U.S. REIT ETF by 0.8% in the 4th quarter. Courage Miller Partners LLC now owns 443,164 shares of the company’s stock valued at $9,333,000 after buying an additional 3,539 shares in the last quarter. Charles Schwab Trust Co raised its position in shares of Schwab U.S. REIT ETF by 5.9% in the 4th quarter. Charles Schwab Trust Co now owns 1,083,343 shares of the company’s stock valued at $22,815,000 after buying an additional 60,044 shares in the last quarter. Finally, Breakwater Investment Management raised its position in shares of Schwab U.S. REIT ETF by 4.6% in the 4th quarter. Breakwater Investment Management now owns 57,087 shares of the company’s stock valued at $1,202,000 after buying an additional 2,525 shares in the last quarter.

Schwab U.S. REIT ETF Trading Up 1.7 %

Shares of NYSEARCA:SCHH opened at $21.48 on Wednesday. The firm has a 50 day moving average of $21.72 and a 200-day moving average of $22.04. The stock has a market capitalization of $6.82 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66.

Schwab U.S. REIT ETF Company 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.