Focus Partners Advisor Solutions LLC Takes $2.61 Million Position in Schwab U.S. REIT ETF $SCHH

Focus Partners Advisor Solutions LLC purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, Holdings Channel reports. The fund purchased 28,312 shares of the company’s stock, valued at approximately $2,612,000.

Other hedge funds also recently added to or reduced their stakes in the company. Dumac Inc. bought a new position in Schwab U.S. REIT ETF in the 4th quarter valued at approximately $163,918,000. Financial Engines Advisors L.L.C. increased its holdings in shares of Schwab U.S. REIT ETF by 5.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after purchasing an additional 2,964,924 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Schwab U.S. REIT ETF by 420.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock worth $37,405,000 after purchasing an additional 1,400,776 shares in the last quarter. M&T Bank Corp purchased a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth $21,860,000. Finally, Waverly Advisors LLC raised its stake in shares of Schwab U.S. REIT ETF by 2,599.4% in the first quarter. Waverly Advisors LLC now owns 746,140 shares of the company’s stock worth $16,035,000 after purchasing an additional 718,499 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $24.11 on Friday. The company has a market cap of $11.40 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The stock’s fifty day moving average price is $24.07 and its 200-day moving average price is $23.13.

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.