Waverly Advisors LLC Grows Stock Holdings in Schwab U.S. REIT ETF $SCHH

Waverly Advisors LLC boosted its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 770,626 shares of the company’s stock after purchasing an additional 24,486 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $18,248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Texas Yale Capital Corp. lifted its holdings in Schwab U.S. REIT ETF by 43.4% in the fourth quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock valued at $5,251,000 after acquiring an additional 76,023 shares during the last quarter. Odyssey Capital Advisors Inc. acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth $654,000. Principal Securities Inc. raised its position in Schwab U.S. REIT ETF by 8.4% in the fourth quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock valued at $13,344,000 after purchasing an additional 49,554 shares during the period. Hantz Financial Services Inc. raised its holdings in Schwab U.S. REIT ETF by 5.0% in the 4th quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock valued at $18,153,000 after buying an additional 41,738 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Schwab U.S. REIT ETF by 6.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after acquiring an additional 557,970 shares during the period.

Schwab U.S. REIT ETF Stock Up 0.1%

NYSEARCA:SCHH opened at $23.47 on Wednesday. The stock’s fifty day moving average is $24.06 and its two-hundred day moving average is $23.36. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03. The stock has a market capitalization of $11.10 billion, a price-to-earnings ratio of 34.50 and a beta of 0.93.

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.