Man Group plc Buys New Shares in Schwab U.S. REIT ETF $SCHH

Man Group plc purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 2,063,766 shares of the company’s stock, valued at approximately $190,424,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Horizon Investments LLC bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth about $25,000. Palisade Asset Management LLC purchased a new stake in Schwab U.S. REIT ETF in the 3rd quarter worth approximately $25,000. Gilpin Wealth Management LLC bought a new stake in Schwab U.S. REIT ETF during the 4th quarter worth approximately $25,000. NewEdge Advisors LLC lifted its holdings in Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after purchasing an additional 1,004 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new position in Schwab U.S. REIT ETF during the second quarter valued at approximately $30,000.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $24.21 on Wednesday. The company has a 50 day simple moving average of $24.09 and a two-hundred day simple moving average of $23.28. The firm has a market cap of $11.45 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year 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.