Elm Partners Management LLC Buys 218,309 Shares of Schwab U.S. REIT ETF $SCHH

Elm Partners Management LLC boosted its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 63.1% during the third quarter, Holdings Channel reports. The institutional investor owned 564,041 shares of the company’s stock after buying an additional 218,309 shares during the period. Schwab U.S. REIT ETF comprises approximately 0.6% of Elm Partners Management LLC’s investment portfolio, making the stock its 23rd biggest position. Elm Partners Management LLC’s holdings in Schwab U.S. REIT ETF were worth $12,166,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SCHH. Brighton Jones LLC acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth approximately $208,000. Royal Bank of Canada increased its stake in shares of Schwab U.S. REIT ETF by 140.7% during the first quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock worth $2,732,000 after purchasing an additional 74,243 shares during the period. Integrated Wealth Concepts LLC lifted its holdings 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 purchasing an additional 3,222 shares during the last quarter. NewEdge Advisors LLC lifted its holdings 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 purchasing an additional 1,004 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Schwab U.S. REIT ETF by 734.2% in the 1st quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock valued at $2,520,000 after purchasing an additional 103,094 shares during the period.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH opened at $21.23 on Tuesday. The firm has a market cap of $8.99 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. The stock’s fifty day moving average price is $21.16 and its two-hundred day moving average price is $21.27. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $22.41.

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.