HBK Sorce Advisory LLC Purchases Shares of 23,120 Schwab U.S. REIT ETF $SCHH

HBK Sorce Advisory LLC bought a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 23,120 shares of the company’s stock, valued at approximately $2,497,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Odyssey Capital Advisors Inc. bought a new stake in Schwab U.S. REIT ETF in the 4th quarter worth approximately $654,000. Principal Securities Inc. raised its stake in shares of Schwab U.S. REIT ETF by 8.4% during the fourth quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock worth $13,344,000 after acquiring an additional 49,554 shares in the last quarter. Texas Yale Capital Corp. raised its stake in shares of Schwab U.S. REIT ETF by 43.4% during the fourth quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock worth $5,251,000 after acquiring an additional 76,023 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 5.0% in the 4th quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock worth $18,153,000 after acquiring an additional 41,738 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 6.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock worth $186,257,000 after acquiring an additional 557,970 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of Schwab U.S. REIT ETF stock opened at $24.11 on Monday. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The stock has a market capitalization of $11.40 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The company has a fifty day moving average of $24.07 and a 200-day moving average of $23.14.

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.