Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Creative Planning

Creative Planning reduced its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,351,371 shares of the company’s stock after selling 558,689 shares during the quarter. Creative Planning owned 9.70% of Schwab U.S. REIT ETF worth $607,867,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHH. Larson Financial Group LLC increased its holdings in shares of Schwab U.S. REIT ETF by 84.2% during the fourth quarter. Larson Financial Group LLC now owns 1,483 shares of the company’s stock valued at $31,000 after purchasing an additional 678 shares during the period. MeadowBrook Investment Advisors LLC acquired a new position in Schwab U.S. REIT ETF during the 4th quarter valued at about $37,000. Citigroup Inc. raised its position in shares of Schwab U.S. REIT ETF by 836.1% during the 3rd quarter. Citigroup Inc. now owns 2,153 shares of the company’s stock worth $38,000 after buying an additional 1,923 shares in the last quarter. Independence Bank of Kentucky lifted its stake in shares of Schwab U.S. REIT ETF by 1,991.1% in the 4th quarter. Independence Bank of Kentucky now owns 1,882 shares of the company’s stock worth $39,000 after acquiring an additional 1,792 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $44,000.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH traded down $0.06 during mid-day trading on Tuesday, reaching $19.68. 1,997,534 shares of the company traded hands, compared to its average volume of 3,341,905. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $20.95. The firm has a market cap of $6.24 billion, a PE ratio of 26.49 and a beta of 0.97. The stock has a fifty day simple moving average of $19.39 and a 200-day simple moving average of $19.81.

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.