JMG Financial Group Ltd. Sells 17,143 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

JMG Financial Group Ltd. reduced its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 12.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 119,125 shares of the company’s stock after selling 17,143 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab U.S. REIT ETF were worth $2,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCHH. Global Retirement Partners LLC increased its position in Schwab U.S. REIT ETF by 16.6% during the 3rd quarter. Global Retirement Partners LLC now owns 10,535 shares of the company’s stock valued at $182,000 after purchasing an additional 1,499 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth about $359,000. Avior Wealth Management LLC grew its position in shares of Schwab U.S. REIT ETF by 10.0% in the 3rd quarter. Avior Wealth Management LLC now owns 207,359 shares of the company’s stock worth $3,681,000 after buying an additional 18,906 shares during the period. Hillcrest Wealth Advisors NY LLC grew its position in shares of Schwab U.S. REIT ETF by 209.5% in the 3rd quarter. Hillcrest Wealth Advisors NY LLC now owns 51,450 shares of the company’s stock worth $913,000 after buying an additional 34,825 shares during the period. Finally, Friedenthal Financial grew its position in shares of Schwab U.S. REIT ETF by 1.9% in the 3rd quarter. Friedenthal Financial now owns 33,756 shares of the company’s stock worth $599,000 after buying an additional 620 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH stock traded down $0.20 during trading on Thursday, hitting $18.76. 139,233 shares of the stock traded hands, compared to its average volume of 3,400,450. Schwab U.S. REIT ETF has a 1 year low of $16.63 and a 1 year high of $20.95. The firm’s 50 day moving average is $19.77 and its two-hundred day moving average is $19.40. The stock has a market cap of $6.02 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99.

Schwab U.S. REIT ETF 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.