Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Schwab U.S. REIT ETF $SCHH

Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,681,578 shares of the company’s stock, valued at approximately $247,429,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Schwab U.S. REIT ETF in the second quarter worth $8,010,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Schwab U.S. REIT ETF in the second quarter valued at $526,249,000. Haverford Trust Co bought a new position in Schwab U.S. REIT ETF in the second quarter valued at $524,000. Clear Harbor Asset Management LLC bought a new position in Schwab U.S. REIT ETF in the second quarter valued at $1,649,000. Finally, Bank of Nova Scotia acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $82,441,000.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $24.04 on Monday. The company’s 50-day moving average price is $24.08 and its two-hundred day moving average price is $23.24. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03. The stock has a market capitalization of $11.37 billion, a PE ratio of 34.50 and a beta of 0.94.

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.