Valentine Ventures LLC Acquires New Stake in Schwab U.S. REIT ETF (SCHH)

Valentine Ventures LLC acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 72,068 shares of the company’s stock, valued at approximately $2,775,000. Schwab U.S. REIT ETF makes up 3.5% of Valentine Ventures LLC’s holdings, making the stock its 10th largest holding.

Several other hedge funds have also modified their holdings of SCHH. Bank of New York Mellon Corp raised its position in shares of Schwab U.S. REIT ETF by 29.8% in the second quarter. Bank of New York Mellon Corp now owns 111,983 shares of the company’s stock worth $4,679,000 after buying an additional 25,709 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the third quarter worth $935,000. SG Americas Securities LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the third quarter worth $754,000. JPMorgan Chase & Co. raised its position in shares of Schwab U.S. REIT ETF by 6.8% in the third quarter. JPMorgan Chase & Co. now owns 2,903,120 shares of the company’s stock worth $121,147,000 after buying an additional 183,935 shares in the last quarter. Finally, FDx Advisors Inc. purchased a new stake in shares of Schwab U.S. REIT ETF in the third quarter worth $208,000.

Shares of SCHH stock traded down $0.20 on Monday, reaching $43.69. The company’s stock had a trading volume of 17,251 shares, compared to its average volume of 888,025. Schwab U.S. REIT ETF has a 12-month low of $36.65 and a 12-month high of $44.50.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 25th. Investors of record on Thursday, March 21st will be given a $0.1207 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Wednesday, March 20th. This is an increase from Schwab U.S. REIT ETF’s previous quarterly dividend of $0.01.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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