Focus Partners Advisor Solutions LLC Sells 4,092 Shares of Schwab U.S. REIT ETF $SCHH

Focus Partners Advisor Solutions LLC lowered its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 31,150 shares of the company’s stock after selling 4,092 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Schwab U.S. REIT ETF were worth $659,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Webster Bank N. A. bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $26,000. NewEdge Advisors LLC raised its holdings in shares of Schwab U.S. REIT ETF by 313.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the period. Howe & Rusling Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 196.8% in the 1st quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock worth $34,000 after purchasing an additional 1,057 shares during the period. Abound Wealth Management raised its holdings in shares of 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 during the period. Finally, Harbour Investments Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 87.9% in the 1st quarter. Harbour Investments Inc. now owns 2,080 shares of the company’s stock worth $45,000 after purchasing an additional 973 shares during the period.

Schwab U.S. REIT ETF Trading Down 2.3%

NYSEARCA:SCHH opened at $20.93 on Thursday. The stock has a market capitalization of $8.17 billion, a PE ratio of 34.50 and a beta of 0.99. The firm’s 50 day moving average is $21.46 and its 200 day moving average is $21.24. Schwab U.S. REIT ETF has a 12 month low of $18.25 and a 12 month high of $23.42.

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.