Maia Wealth LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) 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.
See Also
- Five stocks we like better than Schwab U.S. REIT ETF
- Why Are Stock Sectors Important to Successful Investing?
- How to Invest in Mutual Funds
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
- About the Markup Calculator
- Why O’Reilly Automotive Stock Could Be a Long-Term Winner
Receive News & Ratings for Schwab U.S. REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.