Maia Wealth LLC Makes New Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Maia Wealth LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 17,939 shares of the company’s stock, valued at approximately $375,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rational Advisors LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the 1st quarter worth approximately $42,262,000. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab U.S. REIT ETF by 2.8% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock valued at $1,093,377,000 after purchasing an additional 1,472,209 shares in the last quarter. US Bancorp DE increased its position in shares of Schwab U.S. REIT ETF by 4.0% during the 1st quarter. US Bancorp DE now owns 26,073,111 shares of the company’s stock valued at $529,288,000 after purchasing an additional 1,002,509 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Schwab U.S. REIT ETF by 167.4% in the 4th quarter. BNP Paribas Financial Markets now owns 766,808 shares of the company’s stock worth $15,881,000 after buying an additional 480,000 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Schwab U.S. REIT ETF by 5.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 6,356,836 shares of the company’s stock worth $129,044,000 after buying an additional 301,764 shares in the last quarter.

Schwab U.S. REIT ETF Trading Up 0.1 %

SCHH stock traded up $0.02 during trading hours on Wednesday, hitting $21.71. 82,792 shares of the stock traded hands, compared to its average volume of 3,271,632. The stock has a 50-day simple moving average of $20.55 and a 200 day simple moving average of $19.97. The company has a market cap of $6.89 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a one year low of $16.63 and a one year high of $21.91.

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.