Rockefeller Capital Management L.P. Cuts Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Rockefeller Capital Management L.P. lessened its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 366,104 shares of the company’s stock after selling 19,637 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Schwab U.S. REIT ETF were worth $8,483,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHH. Mather Group LLC. boosted its holdings in shares of Schwab U.S. REIT ETF by 5,211.1% during the 2nd quarter. Mather Group LLC. now owns 1,434 shares of the company’s stock valued at $29,000 after purchasing an additional 1,407 shares during the last quarter. Larson Financial Group LLC increased its stake in Schwab U.S. REIT ETF by 386.3% in the 2nd quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock worth $36,000 after acquiring an additional 1,414 shares during the last quarter. Asset Dedication LLC raised its holdings in shares of Schwab U.S. REIT ETF by 36.9% during the 3rd quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after acquiring an additional 445 shares in the last quarter. Blue Trust Inc. bought a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at approximately $39,000. Finally, Farmers & Merchants Investments Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at $41,000.

Schwab U.S. REIT ETF Stock Down 0.6 %

SCHH stock opened at $22.71 on Wednesday. The company has a fifty day simple moving average of $22.71 and a two-hundred day simple moving average of $21.67. Schwab U.S. REIT ETF has a 52 week low of $18.45 and a 52 week high of $23.66. The firm has a market capitalization of $7.21 billion, a P/E ratio of 26.49 and a beta of 0.97.

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.