Schwab U.S. REIT ETF $SCHH Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC cut its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 640,790 shares of the company’s stock after selling 24,642 shares during the quarter. Wealthfront Advisers LLC’s holdings in Schwab U.S. REIT ETF were worth $13,822,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHH. Independent Solutions Wealth Management LLC grew its holdings in shares of Schwab U.S. REIT ETF by 0.6% in the 3rd quarter. Independent Solutions Wealth Management LLC now owns 81,689 shares of the company’s stock worth $1,762,000 after acquiring an additional 501 shares during the period. Stableford Capital II LLC boosted its position in Schwab U.S. REIT ETF by 2.5% during the third quarter. Stableford Capital II LLC now owns 21,943 shares of the company’s stock worth $473,000 after purchasing an additional 527 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in Schwab U.S. REIT ETF by 73.5% during the third quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after purchasing an additional 538 shares in the last quarter. Harbour Investments Inc. grew its holdings in Schwab U.S. REIT ETF by 27.0% in the second quarter. Harbour Investments Inc. now owns 2,642 shares of the company’s stock valued at $56,000 after purchasing an additional 562 shares during the last quarter. Finally, Patriot Investment Management Group Inc. increased its position in shares of Schwab U.S. REIT ETF by 0.7% in the third quarter. Patriot Investment Management Group Inc. now owns 90,958 shares of the company’s stock valued at $1,962,000 after buying an additional 590 shares in the last quarter.

Schwab U.S. REIT ETF Stock Up 1.5%

NYSEARCA:SCHH opened at $22.35 on Wednesday. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $22.41. The stock has a fifty day simple moving average of $21.21 and a 200-day simple moving average of $21.28. The company has a market capitalization of $9.51 billion, a PE ratio of 34.50 and a beta of 0.99.

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.