Madden Advisory Services Inc. Lowers Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Madden Advisory Services Inc. lessened its position in Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 88,938 shares of the company’s stock after selling 614 shares during the period. Schwab U.S. REIT ETF makes up 1.0% of Madden Advisory Services Inc.’s investment portfolio, making the stock its 27th largest holding. Madden Advisory Services Inc.’s holdings in Schwab U.S. REIT ETF were worth $1,842,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Grove Bank & Trust lifted its holdings in Schwab U.S. REIT ETF by 315.7% in the fourth quarter. Grove Bank & Trust now owns 12,050 shares of the company’s stock valued at $250,000 after acquiring an additional 9,151 shares during the period. Millburn Ridgefield Corp raised its holdings in Schwab U.S. REIT ETF by 9.6% during the fourth quarter. Millburn Ridgefield Corp now owns 72,050 shares of the company’s stock worth $1,492,000 after purchasing an additional 6,333 shares during the last quarter. Principal Securities Inc. purchased a new stake in Schwab U.S. REIT ETF during the fourth quarter worth $1,983,000. Koshinski Asset Management Inc. grew its holdings in Schwab U.S. REIT ETF by 29.6% in the fourth quarter. Koshinski Asset Management Inc. now owns 23,217 shares of the company’s stock valued at $481,000 after purchasing an additional 5,299 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of Schwab U.S. REIT ETF by 13.9% during the 4th quarter. Global Retirement Partners LLC now owns 11,999 shares of the company’s stock worth $245,000 after buying an additional 1,464 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock remained flat at $19.32 on Monday. 2,270,800 shares of the company traded hands, compared to its average volume of 3,399,906. The business has a 50-day moving average of $19.48 and a two-hundred day moving average of $19.71. Schwab U.S. REIT ETF has a 1-year low of $16.63 and a 1-year high of $20.95. The stock has a market cap of $6.13 billion, a P/E ratio of 26.49 and a beta of 0.97.

Schwab U.S. REIT ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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