US Bancorp DE Acquires 1,537,663 Shares of Schwab U.S. REIT ETF $SCHH

US Bancorp DE raised its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 32,078,890 shares of the company’s stock after purchasing an additional 1,537,663 shares during the quarter. Schwab U.S. REIT ETF accounts for approximately 0.8% of US Bancorp DE’s portfolio, making the stock its 21st largest position. US Bancorp DE owned about 0.08% of Schwab U.S. REIT ETF worth $691,948,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Independent Solutions Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 0.6% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 81,689 shares of the company’s stock worth $1,762,000 after acquiring an additional 501 shares during the last quarter. Stableford Capital II LLC increased its holdings in shares of Schwab U.S. REIT ETF by 2.5% in the third quarter. Stableford Capital II LLC now owns 21,943 shares of the company’s stock valued at $473,000 after purchasing an additional 527 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in Schwab U.S. REIT ETF by 73.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after purchasing an additional 538 shares during the last quarter. Patriot Investment Management Group Inc. lifted its holdings in Schwab U.S. REIT ETF by 0.7% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 90,958 shares of the company’s stock worth $1,962,000 after buying an additional 590 shares in the last quarter. Finally, WealthShield Partners LLC boosted its position in Schwab U.S. REIT ETF by 1.9% in the 2nd quarter. WealthShield Partners LLC now owns 33,854 shares of the company’s stock valued at $716,000 after buying an additional 632 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $22.85 on Thursday. The stock has a market capitalization of $9.72 billion, a P/E ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.07. The stock has a fifty day moving average of $21.59 and a 200-day moving average of $21.41.

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.