Greenleaf Trust Trims Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Greenleaf Trust trimmed its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 57,386 shares of the company’s stock after selling 670 shares during the quarter. Greenleaf Trust’s holdings in Schwab U.S. REIT ETF were worth $1,330,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHH. Mather Group LLC. increased its stake in shares of Schwab U.S. REIT ETF by 5,211.1% during the second quarter. Mather Group LLC. now owns 1,434 shares of the company’s stock worth $29,000 after acquiring an additional 1,407 shares during the period. Abich Financial Wealth Management LLC increased its stake in shares of Schwab U.S. REIT ETF by 8,463.2% during the first quarter. Abich Financial Wealth Management LLC now owns 1,627 shares of the company’s stock worth $33,000 after acquiring an additional 1,608 shares during the period. Larson Financial Group LLC increased its stake in shares of Schwab U.S. REIT ETF by 386.3% during the second quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock worth $36,000 after acquiring an additional 1,414 shares during the period. Asset Dedication LLC increased its stake in shares of Schwab U.S. REIT ETF by 36.9% during the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after acquiring an additional 445 shares during the period. Finally, Blue Trust Inc. acquired a new position in shares of Schwab U.S. REIT ETF during the third quarter worth about $39,000.

Schwab U.S. REIT ETF Stock Down 0.1 %

Shares of Schwab U.S. REIT ETF stock opened at $22.97 on Friday. Schwab U.S. REIT ETF has a 52-week low of $16.63 and a 52-week high of $23.66. The company’s 50-day simple moving average is $22.78 and its 200-day simple moving average is $20.99. The firm has a market cap of $7.29 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.