Schwab U.S. REIT ETF $SCHH Shares Sold by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. lowered its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 21.9% in the third quarter, Holdings Channel.com reports. The fund owned 134,579 shares of the company’s stock after selling 37,629 shares during the quarter. Schwab U.S. REIT ETF makes up approximately 0.9% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 26th biggest holding. Rooted Wealth Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $2,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC acquired a new position in Schwab U.S. REIT ETF in the 4th quarter valued at $208,000. Calton & Associates Inc. acquired a new stake in shares of Schwab U.S. REIT ETF during the 1st quarter worth approximately $384,000. Royal Bank of Canada raised its position in shares of Schwab U.S. REIT ETF by 140.7% during the 1st 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. Focus Partners Advisor Solutions LLC raised its position in shares of Schwab U.S. REIT ETF by 12.5% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 35,242 shares of the company’s stock valued at $758,000 after buying an additional 3,927 shares during the period. Finally, EP Wealth Advisors LLC lifted its holdings in Schwab U.S. REIT ETF by 23.2% in the first quarter. EP Wealth Advisors LLC now owns 10,966 shares of the company’s stock valued at $236,000 after acquiring an additional 2,068 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.01 on Tuesday. Schwab U.S. REIT ETF has a fifty-two week low of $18.25 and a fifty-two week high of $22.41. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. The stock has a 50 day moving average of $21.18 and a 200 day moving average of $21.27.

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.