Parallel Advisors LLC Raises Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Parallel Advisors LLC lifted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.1% in the fourth quarter, HoldingsChannel reports. The firm owned 27,925 shares of the company’s stock after acquiring an additional 1,606 shares during the period. Parallel Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $588,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Human Investing LLC grew its stake in Schwab U.S. REIT ETF by 2.1% in the 4th quarter. Human Investing LLC now owns 23,894 shares of the company’s stock worth $503,000 after acquiring an additional 487 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in Schwab U.S. REIT ETF by 3.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 15,987 shares of the company’s stock worth $366,000 after acquiring an additional 530 shares during the period. Perissos Private Wealth Management LLC grew its stake in Schwab U.S. REIT ETF by 3.4% in the 4th quarter. Perissos Private Wealth Management LLC now owns 17,023 shares of the company’s stock worth $359,000 after acquiring an additional 553 shares during the period. Braun Bostich & Associates Inc. grew its stake 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 worth $1,543,000 after acquiring an additional 598 shares during the period. Finally, Lodestar Private Asset Management LLC grew its stake in Schwab U.S. REIT ETF by 2.9% in the 4th quarter. Lodestar Private Asset Management LLC now owns 23,718 shares of the company’s stock worth $499,000 after acquiring an additional 664 shares during the period.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $21.50 on Friday. The stock has a market capitalization of $7.54 billion, a P/E ratio of 32.19 and a beta of 1.06. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The company has a 50 day moving average price of $21.43 and a two-hundred day moving average price of $22.06.

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.