Cypress Point Wealth Management LLC Raises Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Cypress Point Wealth Management LLC grew its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,555 shares of the company’s stock after acquiring an additional 4,927 shares during the quarter. Schwab U.S. REIT ETF comprises approximately 1.2% of Cypress Point Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. Cypress Point Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $3,141,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. lifted its position in shares of Schwab U.S. REIT ETF by 5,211.1% in the second quarter. Mather Group LLC. now owns 1,434 shares of the company’s stock valued at $29,000 after acquiring an additional 1,407 shares in the last quarter. Abich Financial Wealth Management LLC increased its stake in Schwab U.S. REIT ETF by 8,463.2% in the first quarter. Abich Financial Wealth Management LLC now owns 1,627 shares of the company’s stock valued at $33,000 after purchasing an additional 1,608 shares during the last quarter. Larson Financial Group LLC increased its stake in Schwab U.S. REIT ETF by 386.3% in the second quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock valued at $36,000 after purchasing an additional 1,414 shares during the last quarter. Asset Dedication LLC increased its stake in Schwab U.S. REIT ETF by 36.9% in the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in Schwab U.S. REIT ETF in the third quarter valued at $39,000.

Schwab U.S. REIT ETF Stock Performance

Schwab U.S. REIT ETF stock traded up $0.34 during trading on Friday, hitting $22.68. The company’s stock had a trading volume of 5,475,949 shares, compared to its average volume of 3,659,408. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The stock’s fifty day moving average is $22.84 and its 200 day moving average is $21.24. Schwab U.S. REIT ETF has a 1-year low of $17.54 and a 1-year high of $23.66.

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.