Quantbot Technologies LP bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 23,802 shares of the company’s stock, valued at approximately $2,196,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in Schwab U.S. REIT ETF during the 2nd quarter worth about $12,402,467,000. Financial Engines Advisors L.L.C. lifted its position in shares of Schwab U.S. REIT ETF by 5.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after purchasing an additional 2,964,924 shares during the period. US Bancorp DE lifted its position in shares of Schwab U.S. REIT ETF by 2.1% in the 4th quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock worth $684,184,000 after purchasing an additional 672,570 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $967,848,000. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 6.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after purchasing an additional 557,970 shares in the last quarter.
Schwab U.S. REIT ETF Stock Up 0.6%
Shares of SCHH stock opened at $24.18 on Tuesday. The firm has a market cap of $11.43 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The company’s 50 day moving average is $24.08 and its 200 day moving average is $23.26. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03.
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.
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