Basswood Capital Management L.L.C. Takes $23.16 Million Position in Schwab U.S. REIT ETF $SCHH

Basswood Capital Management L.L.C. bought a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 250,998 shares of the company’s stock, valued at approximately $23,160,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $41,000. AWM Capital LLC lifted its stake in shares of Schwab U.S. REIT ETF by 0.5% during the fourth quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock worth $2,014,000 after purchasing an additional 460 shares in the last quarter. Swmg LLC lifted its stake in shares of Schwab U.S. REIT ETF by 4.8% during the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock worth $224,000 after purchasing an additional 471 shares in the last quarter. WealthShield Partners LLC boosted its position in shares of Schwab U.S. REIT ETF by 1.6% in the first quarter. WealthShield Partners LLC now owns 35,437 shares of the company’s stock worth $762,000 after buying an additional 541 shares during the period. Finally, Koshinski Asset Management Inc. boosted its position in shares of Schwab U.S. REIT ETF by 3.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 15,490 shares of the company’s stock worth $324,000 after buying an additional 559 shares during the period.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $24.08 on Thursday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The firm has a market cap of $11.39 billion, a P/E ratio of 34.50 and a beta of 0.94. The stock has a 50-day simple moving average of $24.10 and a 200-day simple moving average of $23.29.

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.