Flputnam Investment Management Co. Purchases New Position in Schwab U.S. REIT ETF $SCHH

Flputnam Investment Management Co. purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 278,750 shares of the company’s stock, valued at approximately $25,720,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new stake in shares of Schwab U.S. REIT ETF in the second quarter worth approximately $967,848,000. Dumac Inc. bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $163,918,000. Financial Engines Advisors L.L.C. boosted its position in shares of Schwab U.S. REIT ETF by 5.2% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock valued at $1,254,245,000 after buying an additional 2,964,924 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Schwab U.S. REIT ETF by 420.2% during the third quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock valued at $37,405,000 after buying an additional 1,400,776 shares during the last quarter. Finally, M&T Bank Corp bought a new stake in Schwab U.S. REIT ETF during the fourth quarter worth $21,860,000.

Schwab U.S. REIT ETF Stock Performance

Shares of Schwab U.S. REIT ETF stock opened at $24.11 on Monday. The company has a market capitalization of $11.40 billion, a P/E ratio of 34.50 and a beta of 0.94. The stock has a fifty day simple moving average of $24.07 and a 200 day simple moving average of $23.14. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $25.03.

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.