Prosperity Wealth Management Inc. Invests $203,000 in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Prosperity Wealth Management Inc. purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the fourth quarter, HoldingsChannel reports. The firm purchased 9,800 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors also recently bought and sold shares of SCHH. Baltimore Washington Financial Advisors Inc. purchased a new stake in Schwab U.S. REIT ETF during the 1st quarter valued at $4,052,000. Independence Bank of Kentucky boosted its position in shares of Schwab U.S. REIT ETF by 1,991.1% during the fourth quarter. Independence Bank of Kentucky now owns 1,882 shares of the company’s stock valued at $39,000 after buying an additional 1,792 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Schwab U.S. REIT ETF in the 4th quarter worth about $44,000. Citigroup Inc. raised its position in Schwab U.S. REIT ETF by 836.1% in the 3rd quarter. Citigroup Inc. now owns 2,153 shares of the company’s stock worth $38,000 after buying an additional 1,923 shares during the last quarter. Finally, CVA Family Office LLC bought a new position in Schwab U.S. REIT ETF during the 4th quarter valued at about $47,000.

Schwab U.S. REIT ETF Stock Down 0.8 %

Shares of NYSEARCA SCHH opened at $18.52 on Thursday. The firm’s 50-day moving average price is $19.86 and its 200-day moving average price is $19.35. Schwab U.S. REIT ETF has a 52-week low of $16.63 and a 52-week high of $20.95. The company has a market cap of $5.94 billion, a PE ratio of 26.71 and a beta of 0.99.

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.