Wealthfront Advisers LLC Buys New Position in Schwab U.S. REIT ETF $SCHH

Wealthfront Advisers LLC purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 170,462 shares of the company’s stock, valued at approximately $15,729,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Schwab U.S. REIT ETF in the second quarter valued at approximately $12,402,467,000. Financial Engines Advisors L.L.C. lifted its position in shares of Schwab U.S. REIT ETF by 5.2% during the fourth 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. US Bancorp DE lifted its position in shares of Schwab U.S. REIT ETF by 2.1% during the fourth quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock worth $684,184,000 after purchasing an additional 672,570 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at $967,848,000. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 6.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after purchasing an additional 557,970 shares during the period.

Schwab U.S. REIT ETF Trading Down 0.4%

SCHH opened at $23.84 on Wednesday. The company has a fifty day simple moving average of $24.08 and a 200 day simple moving average of $23.18. The firm has a market cap of $11.27 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03.

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.