Brown Wealth Management LLC decreased its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 81.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,663 shares of the company’s stock after selling 229,470 shares during the quarter. Brown Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $1,079,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in SCHH. Horizon Investments LLC acquired a new position in Schwab U.S. REIT ETF in the fourth quarter valued at about $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF in the third quarter valued at about $25,000. Flagship Harbor Advisors LLC acquired a new position in Schwab U.S. REIT ETF in the fourth quarter valued at about $26,000. Cullen Frost Bankers Inc. lifted its stake in Schwab U.S. REIT ETF by 73.5% in the third quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock valued at $27,000 after buying an additional 538 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after buying an additional 1,004 shares during the period.
Schwab U.S. REIT ETF Trading Up 0.4%
NYSEARCA:SCHH opened at $23.34 on Wednesday. Schwab U.S. REIT ETF has a 1-year low of $20.56 and a 1-year high of $23.71. The business’s 50-day moving average price is $22.58 and its two-hundred day moving average price is $21.90. The firm has a market capitalization of $9.90 billion, a price-to-earnings ratio of 34.50 and a beta of 0.97.
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.
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