Gerber Kawasaki Wealth & Investment Management Has $631,000 Position in Schwab U.S. REIT ETF $SCHH

Gerber Kawasaki Wealth & Investment Management lowered its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 40.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,344 shares of the company’s stock after selling 20,060 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in Schwab U.S. REIT ETF were worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SCHH. Brighton Jones LLC acquired a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $208,000. Tower Research Capital LLC TRC increased its stake in shares of Schwab U.S. REIT ETF by 22.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,600 shares of the company’s stock valued at $118,000 after buying an additional 1,026 shares during the period. Stifel Financial Corp increased its stake in shares of Schwab U.S. REIT ETF by 12.2% in the fourth quarter. Stifel Financial Corp now owns 37,828 shares of the company’s stock valued at $797,000 after buying an additional 4,127 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Schwab U.S. REIT ETF by 13.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 19,545 shares of the company’s stock valued at $412,000 after buying an additional 2,281 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $296,000.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $21.50 on Friday. The business has a 50 day moving average of $21.25 and a 200-day moving average of $21.17. Schwab U.S. REIT ETF has a 1 year low of $18.25 and a 1 year high of $23.66. The company has a market capitalization of $8.22 billion, a P/E ratio of 34.50 and a beta of 0.92.

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.