Northwestern Mutual Wealth Management Co. Makes New $50.07 Million Investment in Schwab U.S. REIT ETF $SCHH

Northwestern Mutual Wealth Management Co. bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 542,634 shares of the company’s stock, valued at approximately $50,069,000.

A number of other institutional investors have also recently made changes to their positions in SCHH. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $41,000. AWM Capital LLC lifted its position in Schwab U.S. REIT ETF by 0.5% in the 4th quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock valued at $2,014,000 after acquiring an additional 460 shares in the last quarter. Swmg LLC lifted its position in Schwab U.S. REIT ETF by 4.8% in the 4th quarter. Swmg LLC now owns 10,212 shares of the company’s stock valued at $224,000 after acquiring an additional 471 shares in the last quarter. WealthShield Partners LLC boosted its stake in Schwab U.S. REIT ETF by 1.6% during the 1st quarter. WealthShield Partners LLC now owns 35,437 shares of the company’s stock valued at $762,000 after purchasing an additional 541 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Schwab U.S. REIT ETF by 3.7% during the 4th quarter. Koshinski Asset Management Inc. now owns 15,490 shares of the company’s stock valued at $324,000 after purchasing an additional 559 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 0.1%

Schwab U.S. REIT ETF stock opened at $24.04 on Friday. 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 simple moving average of $24.08 and a two-hundred day simple moving average of $23.22. The firm has a market cap of $11.37 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94.

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.