Hillcrest Wealth Advisors NY LLC Purchases New Position in Schwab U.S. REIT ETF $SCHH

Hillcrest Wealth Advisors NY LLC purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 12,675 shares of the company’s stock, valued at approximately $268,000.

Other institutional investors also recently modified their holdings of the company. Webster Bank N. A. purchased a new stake in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at approximately $26,000. NewEdge Advisors LLC lifted its stake in shares of Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after buying an additional 1,004 shares in the last quarter. Howe & Rusling Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 196.8% during the 1st quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock valued at $34,000 after buying an additional 1,057 shares in the last quarter. Abound Wealth Management lifted its stake in Schwab U.S. REIT ETF by 569.7% in the 2nd quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock worth $41,000 after purchasing an additional 1,652 shares in the last quarter. Finally, GSB Wealth Management LLC purchased a new stake in Schwab U.S. REIT ETF in the 1st quarter worth approximately $42,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA SCHH opened at $21.55 on Monday. Schwab U.S. REIT ETF has a 1 year low of $18.25 and a 1 year high of $23.42. The stock has a market capitalization of $8.39 billion, a PE ratio of 34.50 and a beta of 0.92. The company’s 50 day simple moving average is $21.33 and its two-hundred day simple moving average is $21.14.

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.