Schwab U.S. REIT ETF (NYSEARCA:SCHH) Sets New 1-Year High – Here’s What Happened

Schwab U.S. REIT ETF (NYSEARCA:SCHH)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $23.93 and last traded at $23.75, with a volume of 2985526 shares changing hands. The stock had previously closed at $23.84.

Schwab U.S. REIT ETF Stock Performance

The firm has a 50 day moving average of $22.74 and a two-hundred day moving average of $22.01. The stock has a market cap of $10.07 billion, a P/E ratio of 34.50 and a beta of 0.97.

Institutional Trading of Schwab U.S. REIT ETF

Several hedge funds have recently added to or reduced their stakes in the business. AWM Capital LLC boosted its stake in Schwab U.S. REIT ETF by 0.5% during the 4th quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock valued at $2,014,000 after purchasing an additional 460 shares during the period. Swmg LLC boosted its stake in Schwab U.S. REIT ETF by 4.8% during the 4th quarter. Swmg LLC now owns 10,212 shares of the company’s stock valued at $224,000 after purchasing an additional 471 shares during the period. Bigelow Investment Advisors LLC lifted its position in shares of Schwab U.S. REIT ETF by 2.0% in the 4th quarter. Bigelow Investment Advisors LLC now owns 25,250 shares of the company’s stock worth $527,000 after acquiring an additional 506 shares during the period. Cullen Frost Bankers Inc. lifted its position in shares of Schwab U.S. REIT ETF by 73.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after acquiring an additional 538 shares during the period. Finally, WealthShield Partners LLC lifted its position in shares of Schwab U.S. REIT ETF by 1.6% in the 1st quarter. WealthShield Partners LLC now owns 35,437 shares of the company’s stock worth $762,000 after acquiring an additional 541 shares during the period.

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.