Schwab U.S. REIT ETF (NYSEARCA:SCHH) Reaches New 52-Week High – What’s Next?

Schwab U.S. REIT ETF (NYSEARCA:SCHH)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $23.69 and last traded at $23.62, with a volume of 9197524 shares traded. The stock had previously closed at $23.31.

Schwab U.S. REIT ETF Trading Up 0.4%

The stock has a 50 day simple moving average of $22.51 and a 200 day simple moving average of $21.80. The firm has a market capitalization of $9.98 billion, a PE ratio of 34.50 and a beta of 0.97.

Hedge Funds Weigh In On Schwab U.S. REIT ETF

Large investors have recently made changes to their positions in the company. AWM Capital LLC grew its holdings 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 last quarter. Swmg LLC grew its holdings 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 last quarter. Bigelow Investment Advisors LLC grew its holdings in Schwab U.S. REIT ETF by 2.0% during the 4th quarter. Bigelow Investment Advisors LLC now owns 25,250 shares of the company’s stock valued at $527,000 after purchasing an additional 506 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in Schwab U.S. REIT ETF by 73.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock valued at $27,000 after purchasing an additional 538 shares during the last quarter. Finally, WealthShield Partners LLC lifted its holdings 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 buying an additional 541 shares in the last quarter.

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.