Rooted Wealth Advisors Inc. Reduces Position in Schwab U.S. REIT ETF $SCHH

Rooted Wealth Advisors Inc. reduced its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 21.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,579 shares of the company’s stock after selling 37,629 shares during the quarter. Schwab U.S. REIT ETF accounts for approximately 0.9% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 26th biggest holding. Rooted Wealth Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $2,900,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Webster Bank N. A. purchased a new position in shares of Schwab U.S. REIT ETF during the second quarter worth approximately $26,000. Blue Trust Inc. purchased a new stake in Schwab U.S. REIT ETF in the third quarter worth about $26,000. NewEdge Advisors LLC lifted its stake in Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after acquiring an additional 1,004 shares during the period. Howe & Rusling Inc. grew its holdings in 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 worth $34,000 after acquiring an additional 1,057 shares in the last quarter. Finally, Abound Wealth Management increased its position in Schwab U.S. REIT ETF by 569.7% during the 2nd quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock valued at $41,000 after purchasing an additional 1,652 shares during the period.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $21.01 on Tuesday. The company has a 50 day moving average price of $21.18 and a 200-day moving average price of $21.27. Schwab U.S. REIT ETF has a fifty-two week low of $18.25 and a fifty-two week high of $22.41. The stock has a market capitalization of $8.19 billion, a PE ratio of 34.50 and a beta of 0.99.

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.