Schwab U.S. REIT ETF $SCHH Shares Purchased by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC boosted its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 44.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 709,478 shares of the company’s stock after acquiring an additional 218,099 shares during the period. Manning & Napier Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $15,247,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Kestra Advisory Services LLC boosted its stake in Schwab U.S. REIT ETF by 58.4% during the first quarter. Kestra Advisory Services LLC now owns 10,324 shares of the company’s stock worth $222,000 after buying an additional 3,808 shares during the period. Money Concepts Capital Corp acquired a new position in shares of Schwab U.S. REIT ETF in the 1st quarter worth approximately $693,000. Greenwood Capital Associates LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 24.7% in the 1st quarter. Greenwood Capital Associates LLC now owns 32,003 shares of the company’s stock worth $688,000 after acquiring an additional 6,341 shares during the last quarter. Flatrock Wealth Partners LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 1st quarter worth approximately $3,192,000. Finally, Downshift Financial LLC boosted its position in shares of Schwab U.S. REIT ETF by 14.6% during the 1st quarter. Downshift Financial LLC now owns 12,701 shares of the company’s stock worth $293,000 after purchasing an additional 1,615 shares during the period.

Schwab U.S. REIT ETF Trading Up 0.4%

Schwab U.S. REIT ETF stock traded up $0.09 during trading on Friday, hitting $23.89. The company had a trading volume of 5,767,240 shares, compared to its average volume of 8,152,085. The stock has a market cap of $11.22 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $24.32. The company’s 50 day simple moving average is $23.65 and its 200-day simple moving average is $22.58.

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.