BCS Wealth Management decreased its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 53.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,457 shares of the company’s stock after selling 27,147 shares during the quarter. BCS Wealth Management’s holdings in Schwab U.S. REIT ETF were worth $504,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHH. Horizon Investments LLC bought a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter valued at $25,000. Palisade Asset Management LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth about $25,000. Gilpin Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the 4th quarter worth about $25,000. Flagship Harbor Advisors LLC bought a new position in shares of Schwab U.S. REIT ETF in the 4th quarter worth about $26,000. Finally, NewEdge Advisors LLC lifted its position in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after acquiring an additional 1,004 shares during the period.
Schwab U.S. REIT ETF Price Performance
NYSEARCA:SCHH opened at $23.83 on Thursday. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $24.28. The company’s 50-day simple moving average is $23.45 and its 200 day simple moving average is $22.34. The firm has a market capitalization of $10.11 billion, a P/E ratio of 34.50 and a beta of 0.95.
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.
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