CAP Partners LLC Sells 487 Shares of Schwab U.S. REIT ETF $SCHH

CAP Partners LLC lessened its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,563 shares of the company’s stock after selling 487 shares during the quarter. CAP Partners LLC’s holdings in Schwab U.S. REIT ETF were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

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

Schwab U.S. REIT ETF Stock Down 0.1%

Shares of SCHH stock opened at $21.73 on Friday. The stock has a market cap of $8.47 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92. The business’s fifty day moving average is $21.42 and its 200 day moving average is $21.16. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month 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.