Omega Financial Group LLC Has $4.21 Million Holdings in Schwab U.S. REIT ETF $SCHH

Omega Financial Group LLC decreased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 198,979 shares of the company’s stock after selling 6,769 shares during the period. Schwab U.S. REIT ETF accounts for approximately 1.5% of Omega Financial Group LLC’s portfolio, making the stock its 21st biggest position. Omega Financial Group LLC’s holdings in Schwab U.S. REIT ETF were worth $4,210,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Webster Bank N. A. acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $26,000. NewEdge Advisors LLC increased its position 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 valued at $28,000 after acquiring an additional 1,004 shares during the last quarter. Howe & Rusling Inc. increased its position in shares of Schwab U.S. REIT ETF by 196.8% in the first quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock valued at $34,000 after acquiring an additional 1,057 shares during the last quarter. Abound Wealth Management raised its holdings in Schwab U.S. REIT ETF by 569.7% during the second quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock worth $41,000 after acquiring an additional 1,652 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in Schwab U.S. REIT ETF by 87.9% in the first quarter. Harbour Investments Inc. now owns 2,080 shares of the company’s stock valued at $45,000 after purchasing an additional 973 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $21.14 on Friday. The firm’s 50-day moving average is $21.40 and its 200-day moving average is $21.29. The stock has a market cap of $8.24 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $23.42.

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.