Gradient Capital Advisors LLC Reduces Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Gradient Capital Advisors LLC reduced its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,110 shares of the company’s stock after selling 527 shares during the period. Gradient Capital Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $908,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. FMR LLC lifted its position in shares of Schwab U.S. REIT ETF by 49,667.6% in the third quarter. FMR LLC now owns 24,645,889 shares of the company’s stock valued at $571,045,000 after acquiring an additional 24,596,367 shares in the last quarter. Benjamin Edwards Inc. raised its stake in Schwab U.S. REIT ETF by 9,727.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 856,099 shares of the company’s stock valued at $19,834,000 after purchasing an additional 847,388 shares during the last quarter. Pure Portfolios Holdings LLC acquired a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at about $12,535,000. BNP Paribas Financial Markets lifted its holdings in Schwab U.S. REIT ETF by 101.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,071,927 shares of the company’s stock valued at $24,837,000 after purchasing an additional 540,925 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Schwab U.S. REIT ETF by 15.5% in the third quarter. Cerity Partners LLC now owns 3,294,126 shares of the company’s stock valued at $76,325,000 after buying an additional 442,762 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $21.62 on Wednesday. The company’s 50 day simple moving average is $21.31 and its 200 day simple moving average is $22.10. The company has a market capitalization of $6.86 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66.

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.