Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 3.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,480,975 shares of the company’s stock after buying an additional 246,540 shares during the period. Envestnet Portfolio Solutions Inc. owned 2.12% of Schwab U.S. REIT ETF worth $160,916,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at approximately $208,000. White & Co Financial Planning Inc bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at approximately $5,150,000. Allworth Financial LP increased its stake in Schwab U.S. REIT ETF by 7.3% in the fourth quarter. Allworth Financial LP now owns 40,771 shares of the company’s stock valued at $860,000 after purchasing an additional 2,789 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at approximately $694,000. Finally, Empower Advisory Group LLC increased its stake in Schwab U.S. REIT ETF by 14.1% in the fourth quarter. Empower Advisory Group LLC now owns 57,670 shares of the company’s stock valued at $1,215,000 after purchasing an additional 7,112 shares in the last quarter.
Schwab U.S. REIT ETF Stock Performance
Shares of NYSEARCA:SCHH opened at $21.32 on Thursday. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.66. The company has a market capitalization of $7.96 billion, a PE ratio of 32.20 and a beta of 0.99. The company has a 50 day moving average price of $20.98 and a two-hundred day moving average price of $21.20.
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.
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