Schwab U.S. REIT ETF $SCHH Shares Acquired by Morningstar Investment Management LLC

Morningstar Investment Management LLC increased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,187,440 shares of the company’s stock after buying an additional 70,732 shares during the quarter. Schwab U.S. REIT ETF comprises 2.2% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 11th biggest holding. Morningstar Investment Management LLC owned about 0.31% of Schwab U.S. REIT ETF worth $25,126,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHH. US Bancorp DE grew its stake in Schwab U.S. REIT ETF by 4.8% during the 1st quarter. US Bancorp DE now owns 29,816,470 shares of the company’s stock worth $641,357,000 after buying an additional 1,371,461 shares during the last quarter. Benjamin Edwards Inc. grew its stake in Schwab U.S. REIT ETF by 69.3% during the 1st quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock worth $32,337,000 after buying an additional 615,288 shares during the last quarter. Raymond James Financial Inc. grew its stake in Schwab U.S. REIT ETF by 306.5% during the 1st quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock worth $13,969,000 after buying an additional 489,677 shares during the last quarter. Christopher J. Hasenberg Inc purchased a new position in Schwab U.S. REIT ETF during the 2nd quarter worth approximately $8,494,000. Finally, Envestnet Portfolio Solutions Inc. grew its stake in Schwab U.S. REIT ETF by 5.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock worth $166,464,000 after buying an additional 385,927 shares during the last quarter.

Schwab U.S. REIT ETF Stock Up 0.5%

NYSEARCA:SCHH opened at $20.96 on Tuesday. The stock’s 50 day moving average price is $21.32 and its 200 day moving average price is $21.13. The company has a market capitalization of $8.18 billion, a PE ratio of 34.50 and a beta of 0.92. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $23.42.

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.