Rakuten Investment Management Inc. Invests $24.35 Million in Schwab U.S. REIT ETF $SCHH

Rakuten Investment Management Inc. bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 268,961 shares of the company’s stock, valued at approximately $24,354,000. Rakuten Investment Management Inc. owned approximately 0.06% of Schwab U.S. REIT ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SCHH. Odyssey Capital Advisors Inc. acquired a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $654,000. Hantz Financial Services Inc. grew its stake in shares of Schwab U.S. REIT ETF by 5.0% during the fourth quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock worth $18,153,000 after buying an additional 41,738 shares during the last quarter. Texas Yale Capital Corp. increased its holdings in shares of Schwab U.S. REIT ETF by 43.4% during the fourth quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock worth $5,251,000 after buying an additional 76,023 shares in the last quarter. Ancora Advisors LLC bought a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at $2,351,000. Finally, Principal Securities Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 8.4% in the 4th quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock valued at $13,344,000 after acquiring an additional 49,554 shares during the last quarter.

Schwab U.S. REIT ETF Stock Down 0.5%

NYSEARCA SCHH opened at $23.74 on Friday. The company has a market cap of $11.23 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The business’s fifty day moving average is $24.12 and its 200 day moving average is $23.31.

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.