Citizens Financial Group Inc. RI Buys Shares of 50,667 Schwab U.S. REIT ETF $SCHH

Citizens Financial Group Inc. RI bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, Holdings Channel reports. The institutional investor bought 50,667 shares of the company’s stock, valued at approximately $4,675,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC acquired a new position in shares of Schwab U.S. REIT ETF in the 4th quarter valued at about $208,000. Royal Bank of Canada boosted its position in Schwab U.S. REIT ETF by 140.7% during the 1st quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock valued at $2,732,000 after purchasing an additional 74,243 shares during the period. Integrated Wealth Concepts LLC grew its stake in Schwab U.S. REIT ETF by 16.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after buying an additional 3,222 shares during the last quarter. NewEdge Advisors LLC grew its stake 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 worth $28,000 after buying an additional 1,004 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Schwab U.S. REIT ETF by 734.2% in the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock worth $2,520,000 after buying an additional 103,094 shares during the period.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $23.93 on Tuesday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The stock has a market capitalization of $11.32 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The stock’s fifty day moving average is $24.08 and its two-hundred day moving average is $23.16.

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.