Johnson Financial Group Inc. Makes New $51,000 Investment in Schwab U.S. REIT ETF $SCHH

Johnson Financial Group Inc. bought a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,407 shares of the company’s stock, valued at approximately $51,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHH. US Bancorp DE raised its stake in Schwab U.S. REIT ETF by 2.4% during the second quarter. US Bancorp DE now owns 30,541,227 shares of the company’s stock valued at $646,258,000 after purchasing an additional 724,757 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Schwab U.S. REIT ETF by 69.3% in the 1st quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock worth $32,337,000 after buying an additional 615,288 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Schwab U.S. REIT ETF by 306.5% during the 1st quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock valued at $13,969,000 after buying an additional 489,677 shares in the last quarter. Christopher J. Hasenberg Inc bought a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at about $8,494,000. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 5.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock valued at $166,464,000 after acquiring an additional 385,927 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH opened at $21.57 on Friday. Schwab U.S. REIT ETF has a 1-year low of $18.25 and a 1-year high of $23.36. The business’s 50 day moving average is $21.33 and its two-hundred day moving average is $21.30. The stock has a market capitalization of $8.40 billion, a P/E ratio of 34.50 and a beta of 0.99.

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.