Corient Private Wealth LP acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 730,794 shares of the company’s stock, valued at approximately $67,430,000. Corient Private Wealth LP owned about 0.15% of Schwab U.S. REIT ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Schwab U.S. REIT ETF in the second quarter valued at about $12,402,467,000. Financial Engines Advisors L.L.C. grew its position in shares of Schwab U.S. REIT ETF by 5.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after buying an additional 2,964,924 shares during the period. US Bancorp DE increased its stake in shares of Schwab U.S. REIT ETF by 2.1% in the 4th quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock valued at $684,184,000 after acquiring an additional 672,570 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at about $2,317,905,000. Finally, Bank of America Corp DE bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at about $1,475,687,000.
Schwab U.S. REIT ETF Price Performance
Shares of NYSEARCA:SCHH opened at $23.85 on Friday. The firm’s 50 day simple moving average is $24.11 and its 200 day simple moving average is $23.31. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The company has a market capitalization of $11.28 billion, a price-to-earnings 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.
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