Schwab U.S. REIT ETF $SCHH Holdings Boosted by Morningstar Investment Management LLC

Morningstar Investment Management LLC raised its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 24.7% in the first quarter, HoldingsChannel.com reports. The fund owned 705,180 shares of the company’s stock after buying an additional 139,699 shares during the quarter. Schwab U.S. REIT ETF accounts for 0.9% of Morningstar Investment Management LLC’s portfolio, making the stock its 17th biggest position. Morningstar Investment Management LLC’s holdings in Schwab U.S. REIT ETF were worth $15,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Horizon Investments LLC bought a new position in shares of Schwab U.S. REIT ETF during the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC bought a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $25,000. Gilpin Wealth Management LLC bought a new stake in shares of Schwab U.S. REIT ETF in the 4th quarter worth approximately $25,000. Flagship Harbor Advisors LLC acquired a new position in Schwab U.S. REIT ETF during the 4th quarter valued at approximately $26,000. Finally, NewEdge Advisors LLC boosted its position in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after purchasing an additional 1,004 shares during the period.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH opened at $24.86 on Friday. The company has a market cap of $11.74 billion, a P/E ratio of 34.50 and a beta of 0.94. The stock has a fifty day moving average price of $23.85 and a 200 day moving average price of $22.83. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $24.93.

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.