Citizens Financial Group Inc. RI Purchases New Holdings in Schwab U.S. REIT ETF $SCHH

Citizens Financial Group Inc. RI acquired a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 50,667 shares of the company’s stock, valued at approximately $4,675,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHH. BlackRock Inc. bought a new stake in shares of Schwab U.S. REIT ETF in the second quarter worth $12,402,467,000. Bank of New York Mellon Corp acquired a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at about $967,848,000. Dumac Inc. bought a new position in shares of Schwab U.S. REIT ETF during the fourth quarter worth about $163,918,000. Deutsche Bank AG bought a new position in shares of Schwab U.S. REIT ETF during the second quarter worth about $614,184,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Schwab U.S. REIT ETF in the second quarter worth about $370,659,000.

Schwab U.S. REIT ETF Stock Down 0.7%

Shares of Schwab U.S. REIT ETF stock opened at $23.93 on Tuesday. The firm has a market cap of $11.32 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The business has a 50-day moving average price of $24.08 and a 200 day moving average price of $23.16.

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.