Heron Bay Capital Management Invests $52.25 Million in Schwab U.S. REIT ETF $SCHH

Heron Bay Capital Management acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, HoldingsChannel reports. The fund acquired 566,275 shares of the company’s stock, valued at approximately $52,250,000. Schwab U.S. REIT ETF accounts for approximately 4.7% of Heron Bay Capital Management’s holdings, making the stock its 5th largest holding.

Several other institutional investors also recently bought and sold shares of SCHH. Callan Family Office LLC bought a new position in Schwab U.S. REIT ETF in the second quarter worth approximately $20,025,000. Gambit Capital Management LLC bought a new stake in Schwab U.S. REIT ETF during the 2nd quarter valued at $540,000. C M Bidwell & Associates Ltd. bought a new stake in Schwab U.S. REIT ETF during the 2nd quarter valued at $30,000. Keebeck Wealth Management purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at $1,109,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at $1,511,000.

Schwab U.S. REIT ETF Trading Down 0.1%

SCHH opened at $24.04 on Friday. The firm has a market cap of $11.37 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03. The stock has a fifty day moving average price of $24.08 and a 200-day moving average price of $23.22.

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.