Route One Investment Company L.P. Acquires Shares of 2,189,893 Schwab U.S. REIT ETF $SCHH

Route One Investment Company L.P. acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,189,893 shares of the company’s stock, valued at approximately $202,061,000. Schwab U.S. REIT ETF accounts for about 8.1% of Route One Investment Company L.P.’s investment portfolio, making the stock its 6th biggest position. Route One Investment Company L.P. owned approximately 0.46% of Schwab U.S. REIT ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Schwab U.S. REIT ETF during the second quarter worth approximately $12,402,467,000. Primecap Management Co. CA acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $2,317,905,000. Bank of New York Mellon Corp acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $967,848,000. Legal & General Group Plc bought a new position in shares of Schwab U.S. REIT ETF during the second quarter worth approximately $867,673,000. Finally, Dumac Inc. acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter worth approximately $163,918,000.

Schwab U.S. REIT ETF Trading Up 0.1%

NYSEARCA:SCHH opened at $24.21 on Wednesday. The stock has a 50 day simple moving average of $24.09 and a 200 day simple moving average of $23.28. The stock has a market cap of $11.45 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $25.03.

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.