Manning & Napier Advisors LLC Raises Stake in Schwab U.S. REIT ETF $SCHH

Manning & Napier Advisors LLC grew its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 44.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 709,478 shares of the company’s stock after acquiring an additional 218,099 shares during the quarter. Manning & Napier Advisors LLC owned about 0.17% of Schwab U.S. REIT ETF worth $15,247,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Horizon Investments LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at about $25,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF during the third quarter worth about $25,000. Gilpin Wealth Management LLC acquired a new position in Schwab U.S. REIT ETF in the 4th quarter valued at about $25,000. Flagship Harbor Advisors LLC acquired a new position in Schwab U.S. REIT ETF in the 4th quarter valued at about $26,000. Finally, NewEdge Advisors LLC boosted its holdings in Schwab U.S. REIT ETF by 313.8% in the 1st 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 during the last quarter.

Schwab U.S. REIT ETF Stock Up 0.4%

Shares of Schwab U.S. REIT ETF stock traded up $0.09 during mid-day trading on Friday, hitting $23.89. The stock had a trading volume of 5,767,240 shares, compared to its average volume of 8,152,085. The firm has a 50-day moving average of $23.65 and a two-hundred day moving average of $22.58. The firm has a market cap of $11.22 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $24.32.

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.