Stanich Group LLC Purchases Shares of 196,137 Schwab U.S. REIT ETF $SCHH

Stanich Group LLC acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 196,137 shares of the company’s stock, valued at approximately $4,231,000. Schwab U.S. REIT ETF accounts for about 2.6% of Stanich Group LLC’s portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Webster Bank N. A. acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at about $26,000. NewEdge Advisors LLC boosted its stake in shares of 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 acquiring an additional 1,004 shares during the period. Howe & Rusling Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 196.8% during the 1st quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock worth $34,000 after acquiring an additional 1,057 shares during the period. Abound Wealth Management increased its holdings in shares of Schwab U.S. REIT ETF by 569.7% during the 2nd quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock worth $41,000 after acquiring an additional 1,652 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $51,000.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $20.78 on Wednesday. The business has a fifty day simple moving average of $21.22 and a two-hundred day simple moving average of $21.29. Schwab U.S. REIT ETF has a 1 year low of $18.25 and a 1 year high of $22.41. The company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99.

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.