Envestnet Portfolio Solutions Inc. increased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 6.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,916,100 shares of the company’s stock after acquiring an additional 557,970 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab U.S. REIT ETF were worth $186,257,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Horizon Investments LLC acquired a new position in Schwab U.S. REIT ETF in the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the third quarter worth about $25,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth approximately $26,000. Cullen Frost Bankers Inc. increased its stake in 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 valued at $27,000 after buying an additional 538 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after acquiring an additional 1,004 shares during the period.
Schwab U.S. REIT ETF Trading Up 1.2%
Shares of SCHH stock opened at $23.25 on Tuesday. The stock has a 50 day simple moving average of $22.57 and a 200-day simple moving average of $21.88. The company has a market cap of $9.86 billion, a price-to-earnings ratio of 34.50 and a beta of 0.97. Schwab U.S. REIT ETF has a 12-month low of $20.56 and a 12-month high of $23.71.
Schwab U.S. REIT ETF Company 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.
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Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report).
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