9,403,634 Shares in Schwab U.S. REIT ETF $SCHH Bought by Legal & General Group Plc

Legal & General Group Plc bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, HoldingsChannel.com reports. The firm bought 9,403,634 shares of the company’s stock, valued at approximately $867,673,000.

Other large investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company purchased a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at $150,214,000. Park Presidio Capital LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth about $107,978,000. Jones Financial Companies Lllp purchased a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth about $673,000. Trajan Wealth LLC acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at about $15,321,000. Finally, Veratis Advisors Inc. acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at about $306,000.

Schwab U.S. REIT ETF Trading Up 0.6%

NYSEARCA:SCHH opened at $24.18 on Tuesday. The firm has a 50-day moving average price of $24.08 and a two-hundred day moving average price of $23.26. 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 $11.43 billion, a P/E 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.