US Bancorp DE Acquires 1,537,663 Shares of Schwab U.S. REIT ETF $SCHH

US Bancorp DE boosted its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,078,890 shares of the company’s stock after acquiring an additional 1,537,663 shares during the quarter. Schwab U.S. REIT ETF accounts for about 0.8% of US Bancorp DE’s investment portfolio, making the stock its 21st biggest position. US Bancorp DE owned about 8.23% of Schwab U.S. REIT ETF worth $691,948,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in Schwab U.S. REIT ETF during the third quarter valued at approximately $26,000. Cullen Frost Bankers Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 73.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after buying an additional 538 shares in the last quarter. NewEdge Advisors LLC lifted its position 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 buying an additional 1,004 shares during the period. Cloud Capital Management LLC acquired a new stake in Schwab U.S. REIT ETF in the 3rd quarter valued at $32,000. Finally, Johnson Financial Group Inc. bought a new stake in Schwab U.S. REIT ETF in the second quarter valued at $51,000.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $22.85 on Thursday. The firm has a market capitalization of $9.72 billion, a P/E ratio of 34.50 and a beta of 0.99. The stock has a fifty day moving average price of $21.59 and a two-hundred day moving average price of $21.41. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $23.07.

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.