Deutsche Bank AG Buys Shares of 6,656,381 Schwab U.S. REIT ETF $SCHH

Deutsche Bank AG bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,656,381 shares of the company’s stock, valued at approximately $614,184,000. Deutsche Bank AG owned approximately 1.41% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHH. Persistent Asset Partners Ltd purchased a new stake in shares of Schwab U.S. REIT ETF during the second quarter worth approximately $66,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at $25,000. Horizon Investments LLC purchased a new position in Schwab U.S. REIT ETF in the 4th quarter valued at $25,000. Gilpin Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter worth $25,000. Finally, NewEdge Advisors LLC boosted its stake in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the last quarter.

Schwab U.S. REIT ETF Stock Down 0.7%

Schwab U.S. REIT ETF stock opened at $23.93 on Tuesday. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The firm has a market capitalization of $11.32 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The company has a fifty day simple moving average of $24.08 and a 200-day simple moving average of $23.16.

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.