Elm Partners Management LLC Raises Holdings in Schwab U.S. REIT ETF $SCHH

Elm Partners Management LLC lifted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.2% in the fourth quarter, HoldingsChannel reports. The firm owned 627,312 shares of the company’s stock after acquiring an additional 63,271 shares during the period. Schwab U.S. REIT ETF makes up about 0.6% of Elm Partners Management LLC’s portfolio, making the stock its 25th biggest holding. Elm Partners Management LLC’s holdings in Schwab U.S. REIT ETF were worth $13,105,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Dorato Capital Management acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth approximately $586,000. Compound Planning Inc. acquired a new stake in Schwab U.S. REIT ETF during the third quarter worth approximately $13,565,000. Clearstead Advisors LLC boosted its position in Schwab U.S. REIT ETF by 1,456.8% during the third quarter. Clearstead Advisors LLC now owns 150,212 shares of the company’s stock worth $3,240,000 after acquiring an additional 140,563 shares during the last quarter. Brand Asset Management Group Inc. boosted its position in Schwab U.S. REIT ETF by 1,474.7% during the third quarter. Brand Asset Management Group Inc. now owns 162,024 shares of the company’s stock worth $3,495,000 after acquiring an additional 151,735 shares during the last quarter. Finally, Cooke Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter worth approximately $940,000.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA SCHH opened at $23.45 on Friday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $23.92. The firm’s 50 day moving average price is $22.79 and its 200 day moving average price is $22.04. The firm has a market cap of $9.95 billion, a P/E ratio of 34.50 and a beta of 0.97.

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.