Grove Bank & Trust Purchases 44,245 Shares of Schwab U.S. REIT ETF $SCHH

Grove Bank & Trust lifted its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 13.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 364,834 shares of the company’s stock after buying an additional 44,245 shares during the period. Grove Bank & Trust’s holdings in Schwab U.S. REIT ETF were worth $7,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE increased its position in Schwab U.S. REIT ETF by 2.4% during the 2nd quarter. US Bancorp DE now owns 30,541,227 shares of the company’s stock valued at $646,258,000 after purchasing an additional 724,757 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 306.5% during the first quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock valued at $13,969,000 after purchasing an additional 489,677 shares in the last quarter. Christopher J. Hasenberg Inc bought a new position in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $8,494,000. Envestnet Portfolio Solutions Inc. increased its holdings in Schwab U.S. REIT ETF by 5.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock valued at $166,464,000 after buying an additional 385,927 shares during the period. Finally, Vise Technologies Inc. bought a new position in Schwab U.S. REIT ETF in the second quarter worth approximately $8,072,000.

Schwab U.S. REIT ETF Stock Up 0.6%

Schwab U.S. REIT ETF stock opened at $21.02 on Tuesday. The firm has a market cap of $8.19 billion, a P/E ratio of 34.50 and a beta of 0.99. The business has a fifty day moving average of $21.26 and a two-hundred day moving average of $21.30. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $22.41.

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.