NFJ Investment Group LLC Makes New $85.53 Million Investment in Schwab U.S. REIT ETF $SCHH

NFJ Investment Group LLC bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 926,971 shares of the company’s stock, valued at approximately $85,532,000. Schwab U.S. REIT ETF makes up about 2.9% of NFJ Investment Group LLC’s holdings, making the stock its 5th biggest position. NFJ Investment Group LLC owned about 0.20% of Schwab U.S. REIT ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCHH. BlackRock Inc. acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at about $12,402,467,000. Bank of New York Mellon Corp bought a new position in Schwab U.S. REIT ETF during the second quarter worth about $967,848,000. Dumac Inc. acquired a new stake in Schwab U.S. REIT ETF in the 4th quarter worth about $163,918,000. Deutsche Bank AG acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter worth about $614,184,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter worth about $370,659,000.

Schwab U.S. REIT ETF Stock Up 0.2%

NYSEARCA SCHH opened at $24.06 on Friday. The firm has a 50-day moving average price of $24.08 and a two-hundred day moving average price of $23.22. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $25.03. The company has a market capitalization of $11.38 billion, a P/E ratio of 34.50 and a beta of 0.94.

Schwab U.S. REIT ETF Company 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.