Bleakley Financial Group LLC boosted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 94.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 95,179 shares of the company’s stock after purchasing an additional 46,125 shares during the quarter. Bleakley Financial Group LLC’s holdings in Schwab U.S. REIT ETF were worth $2,045,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHH. Horizon Investments LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter worth approximately $25,000. Palisade Asset Management LLC acquired a new position in shares of Schwab U.S. REIT ETF during the third quarter worth approximately $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF during the fourth quarter worth approximately $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $26,000. Finally, NewEdge Advisors LLC boosted its position in shares of 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 acquiring an additional 1,004 shares during the period.
Schwab U.S. REIT ETF Trading Up 2.5%
Shares of Schwab U.S. REIT ETF stock opened at $24.60 on Friday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $24.61. The company’s fifty day simple moving average is $23.71 and its 200-day simple moving average is $22.69. The company has a market cap of $11.61 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94.
Schwab U.S. REIT ETF Profile
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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Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report).
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