Glenview Trust Co Makes New $11.33 Million Investment in Schwab U.S. REIT ETF $SCHH

Glenview Trust Co acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 120,550 shares of the company’s stock, valued at approximately $11,329,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at $12,402,467,000. Primecap Management Co. CA purchased a new stake in shares of Schwab U.S. REIT ETF during the 2nd quarter worth $2,317,905,000. Bank of America Corp DE purchased a new stake in shares of Schwab U.S. REIT ETF during the 2nd quarter worth $1,475,687,000. Bamco Inc. NY bought a new stake in Schwab U.S. REIT ETF during the second quarter valued at about $1,075,471,000. Finally, Bank of New York Mellon Corp bought a new stake in Schwab U.S. REIT ETF during the second quarter valued at about $967,848,000.

Schwab U.S. REIT ETF Stock Down 1.0%

Shares of Schwab U.S. REIT ETF stock opened at $23.85 on Friday. The firm’s 50 day moving average price is $24.11 and its 200-day moving average price is $23.31. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The company has a market cap of $11.28 billion, a P/E ratio of 34.50 and a beta of 0.94.

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.