Commerce Bank Buys Shares of 88,912 Schwab U.S. REIT ETF $SCHH

Commerce Bank bought 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 bought 88,912 shares of the company’s stock, valued at approximately $8,204,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Horizon Investments LLC acquired 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 in the third quarter valued at about $25,000. Gilpin Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at $25,000. NewEdge Advisors LLC boosted its position in shares of 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 worth $28,000 after buying an additional 1,004 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth about $30,000.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH opened at $24.04 on Monday. The firm has a 50-day moving average price of $24.08 and a two-hundred day moving average price of $23.24. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The company has a market capitalization of $11.37 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.