Commerce Bank Makes New Investment in Schwab U.S. REIT ETF $SCHH

Commerce Bank purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, HoldingsChannel reports. The fund purchased 88,912 shares of the company’s stock, valued at approximately $8,204,000.

Other institutional investors have also modified their holdings of the company. Horizon Investments LLC acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth approximately $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at $25,000. Gilpin Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth $25,000. NewEdge Advisors LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Schwab U.S. REIT ETF during the second quarter worth $30,000.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $24.04 on Monday. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The business’s 50-day moving average price is $24.08 and its 200 day moving average price is $23.24. The company has a market capitalization of $11.37 billion, a PE ratio of 34.50 and a beta of 0.94.

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.