Morningstar Investment Management LLC Decreases Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Morningstar Investment Management LLC lowered its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,139,456 shares of the company’s stock after selling 22,017 shares during the period. Schwab U.S. REIT ETF makes up about 1.9% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 12th largest position. Morningstar Investment Management LLC’s holdings in Schwab U.S. REIT ETF were worth $23,997,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Stifel Financial Corp raised its holdings in Schwab U.S. REIT ETF by 6.5% in the third quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock valued at $781,000 after acquiring an additional 2,044 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Schwab U.S. REIT ETF by 190.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock worth $1,767,000 after purchasing an additional 50,060 shares during the last quarter. Lifeworks Advisors LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter valued at about $278,000. Orion Portfolio Solutions LLC lifted its position in shares of Schwab U.S. REIT ETF by 19.4% during the third quarter. Orion Portfolio Solutions LLC now owns 43,780 shares of the company’s stock worth $1,014,000 after purchasing an additional 7,108 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in Schwab U.S. REIT ETF in the third quarter worth about $39,000.

Schwab U.S. REIT ETF Trading Down 0.2 %

Shares of SCHH opened at $21.56 on Thursday. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52 week low of $18.45 and a 52 week high of $23.66. The stock has a 50 day moving average of $21.18 and a 200-day moving average of $22.10.

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.