Empirical Financial Services LLC d.b.a. Empirical Wealth Management Raises Stock Holdings in Schwab U.S. REIT ETF $SCHH

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,883 shares of the company’s stock after purchasing an additional 5,424 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab U.S. REIT ETF were worth $3,447,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Financial Engines Advisors L.L.C. grew its holdings in shares of Schwab U.S. REIT ETF by 0.6% during the first quarter. Financial Engines Advisors L.L.C. now owns 54,164,614 shares of the company’s stock worth $1,165,081,000 after purchasing an additional 337,472 shares in the last quarter. US Bancorp DE grew its holdings in shares of Schwab U.S. REIT ETF by 4.8% during the first quarter. US Bancorp DE now owns 29,816,470 shares of the company’s stock worth $641,357,000 after purchasing an additional 1,371,461 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 3.4% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,480,975 shares of the company’s stock worth $160,916,000 after purchasing an additional 246,540 shares in the last quarter. Rational Advisors Inc. boosted its stake in Schwab U.S. REIT ETF by 7.4% in the first quarter. Rational Advisors Inc. now owns 1,772,703 shares of the company’s stock worth $38,131,000 after buying an additional 122,079 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in Schwab U.S. REIT ETF by 69.3% in the first quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock worth $32,337,000 after buying an additional 615,288 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH opened at $21.55 on Friday. The firm has a market cap of $8.39 billion, a P/E ratio of 34.50 and a beta of 0.92. The stock has a 50 day simple moving average of $21.33 and a two-hundred day simple moving average of $21.14. Schwab U.S. REIT ETF has a 1 year low of $18.25 and a 1 year high of $23.42.

About Schwab U.S. REIT ETF

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.