Schwab U.S. REIT ETF $SCHH Stock Holdings Raised by Morningstar Investment Management LLC

Morningstar Investment Management LLC grew its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 24.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 705,180 shares of the company’s stock after purchasing an additional 139,699 shares during the quarter. Schwab U.S. REIT ETF makes up approximately 0.9% of Morningstar Investment Management LLC’s holdings, making the stock its 17th biggest holding. Morningstar Investment Management LLC owned about 0.17% of Schwab U.S. REIT ETF worth $15,154,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Palisade Asset Management LLC bought a new position in shares of Schwab U.S. REIT ETF during the third quarter worth about $25,000. Horizon Investments LLC bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at about $25,000. Gilpin Wealth Management LLC bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at about $25,000. Flagship Harbor Advisors LLC bought a new stake in Schwab U.S. REIT ETF in the fourth quarter valued at about $26,000. Finally, NewEdge Advisors LLC raised its stake 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 buying an additional 1,004 shares in the last quarter.

Schwab U.S. REIT ETF Stock Up 2.1%

Shares of NYSEARCA SCHH opened at $24.86 on Friday. The stock’s 50 day moving average price is $23.85 and its two-hundred day moving average price is $22.83. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $24.93. The stock has a market capitalization of $11.74 billion, a P/E ratio of 34.50 and a beta of 0.94.

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.