Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,017,116 shares of the company’s stock, valued at approximately $370,659,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.85% of Schwab U.S. REIT ETF at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter worth about $208,000. Royal Bank of Canada increased its position in shares of Schwab U.S. REIT ETF by 140.7% during the first quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock valued at $2,732,000 after buying an additional 74,243 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Schwab U.S. REIT ETF by 16.5% during the first quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock valued at $490,000 after buying an additional 3,222 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Schwab U.S. REIT ETF by 734.2% in the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock valued at $2,520,000 after acquiring an additional 103,094 shares during the period.
Schwab U.S. REIT ETF Trading Down 0.7%
Shares of NYSEARCA:SCHH opened at $23.93 on Tuesday. The company has a 50 day moving average of $24.08 and a 200 day moving average of $23.16. The stock has a market cap of $11.32 billion, a P/E 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.
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.
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