Foster & Motley Inc. Acquires 24,363 Shares of Schwab U.S. REIT ETF $SCHH

Foster & Motley Inc. increased its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 990,058 shares of the company’s stock after buying an additional 24,363 shares during the period. Schwab U.S. REIT ETF makes up 1.1% of Foster & Motley Inc.’s holdings, making the stock its 18th biggest holding. Foster & Motley Inc.’s holdings in Schwab U.S. REIT ETF were worth $21,276,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. AWM Capital LLC lifted its position in shares of Schwab U.S. REIT ETF by 0.5% during the fourth quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock worth $2,014,000 after purchasing an additional 460 shares in the last quarter. Swmg LLC increased its holdings in shares of Schwab U.S. REIT ETF by 4.8% in the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock valued at $224,000 after purchasing an additional 471 shares in the last quarter. Bigelow Investment Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF by 2.0% in the fourth quarter. Bigelow Investment Advisors LLC now owns 25,250 shares of the company’s stock valued at $527,000 after purchasing an additional 506 shares in the last quarter. Koshinski Asset Management Inc. raised its position in Schwab U.S. REIT ETF by 3.7% in the 4th quarter. Koshinski Asset Management Inc. now owns 15,490 shares of the company’s stock worth $324,000 after purchasing an additional 559 shares during the last quarter. Finally, Friedenthal Financial raised its position in Schwab U.S. REIT ETF by 2.4% in the 1st quarter. Friedenthal Financial now owns 24,589 shares of the company’s stock worth $528,000 after purchasing an additional 574 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH opened at $23.89 on Friday. The stock’s fifty day moving average price is $23.47 and its two-hundred day moving average price is $22.36. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $24.28. The company has a market cap of $10.13 billion, a price-to-earnings ratio of 34.50 and a beta of 0.95.

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.