Dumac Inc. purchased a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,846,742 shares of the company’s stock, valued at approximately $163,918,000. Schwab U.S. REIT ETF comprises about 25.2% of Dumac Inc.’s investment portfolio, making the stock its 2nd biggest position.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dorato Capital Management acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth $586,000. Compound Planning Inc. acquired a new stake in Schwab U.S. REIT ETF during the third quarter worth $13,565,000. Brand Asset Management Group Inc. increased its stake in Schwab U.S. REIT ETF by 1,474.7% during the third quarter. Brand Asset Management Group Inc. now owns 162,024 shares of the company’s stock worth $3,495,000 after acquiring an additional 151,735 shares during the last quarter. Clearstead Advisors LLC increased its stake in Schwab U.S. REIT ETF by 1,456.8% during the third quarter. Clearstead Advisors LLC now owns 150,212 shares of the company’s stock worth $3,240,000 after acquiring an additional 140,563 shares during the last quarter. Finally, Cooke Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth $940,000.
Schwab U.S. REIT ETF Stock Up 0.0%
SCHH stock opened at $23.08 on Thursday. The business has a fifty day moving average of $22.87 and a two-hundred day moving average of $22.08. The stock has a market cap of $9.79 billion, a price-to-earnings ratio of 34.50 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $23.92.
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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