Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. reduced its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 898,033 shares of the company’s stock after selling 20,140 shares during the quarter. Schwab U.S. REIT ETF accounts for approximately 1.3% of Foster & Motley Inc.’s investment portfolio, making the stock its 13th biggest holding. Foster & Motley Inc.’s holdings in Schwab U.S. REIT ETF were worth $20,807,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Schwab U.S. REIT ETF by 10.5% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 42,667 shares of the company’s stock worth $866,000 after acquiring an additional 4,037 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Schwab U.S. REIT ETF by 236.5% during the first quarter. State of Alaska Department of Revenue now owns 74,199 shares of the company’s stock worth $1,506,000 after purchasing an additional 52,148 shares in the last quarter. Sensible Financial Planning & Management LLC. lifted its holdings in shares of Schwab U.S. REIT ETF by 3.7% in the 1st quarter. Sensible Financial Planning & Management LLC. now owns 331,094 shares of the company’s stock valued at $6,721,000 after purchasing an additional 11,728 shares during the last quarter. Kades & Cheifetz LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 4.0% in the 1st quarter. Kades & Cheifetz LLC now owns 40,388 shares of the company’s stock valued at $820,000 after purchasing an additional 1,556 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Schwab U.S. REIT ETF by 5.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 6,356,836 shares of the company’s stock valued at $129,044,000 after purchasing an additional 301,764 shares during the period.

Schwab U.S. REIT ETF Stock Up 1.3 %

NYSEARCA:SCHH opened at $22.61 on Wednesday. The company has a market capitalization of $7.17 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $17.54 and a 52-week high of $23.66. The stock’s 50 day moving average price is $22.85 and its 200 day moving average price is $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.