1,627,988 Shares in Schwab U.S. REIT ETF $SCHH Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,627,988 shares of the company’s stock, valued at approximately $150,214,000.

Several other institutional investors also recently bought and sold shares of SCHH. Horizon Investments LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at approximately $25,000. Gilpin Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 4th quarter valued at approximately $25,000. NewEdge Advisors LLC grew its stake in 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 valued at $28,000 after acquiring an additional 1,004 shares during the period. Finally, C M Bidwell & Associates Ltd. acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $30,000.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA SCHH opened at $24.18 on Tuesday. The firm has a market cap of $11.43 billion, a PE ratio of 34.50 and a beta of 0.94. The firm has a fifty day moving average of $24.08 and a 200 day moving average of $23.26. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03.

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.