Manning & Napier Advisors LLC Grows Position in Schwab U.S. REIT ETF $SCHH

Manning & Napier Advisors LLC raised its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 83.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 491,379 shares of the company’s stock after purchasing an additional 223,731 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $10,339,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF during the third quarter valued at approximately $25,000. Horizon Investments LLC purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at approximately $25,000. Flagship Harbor Advisors LLC purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at approximately $26,000. Cullen Frost Bankers Inc. lifted its holdings in Schwab U.S. REIT ETF by 73.5% during the third 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 in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after purchasing an additional 1,004 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $23.53 on Friday. Schwab U.S. REIT ETF has a 1-year low of $20.56 and a 1-year high of $23.69. The company has a market capitalization of $9.98 billion, a P/E ratio of 34.50 and a beta of 0.97. The firm’s 50 day simple moving average is $22.51 and its two-hundred day simple moving average is $21.80.

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.