Great Lakes Advisors LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 519,660 shares of the company’s stock, valued at approximately $47,949,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHH. BlackRock Inc. purchased a new position in Schwab U.S. REIT ETF during the second quarter valued at approximately $12,402,467,000. Financial Engines Advisors L.L.C. lifted its holdings in 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 worth $1,254,245,000 after buying an additional 2,964,924 shares during the period. US Bancorp DE boosted its position in Schwab U.S. REIT ETF by 2.1% during the 4th quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock valued at $684,184,000 after acquiring an additional 672,570 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Schwab U.S. REIT ETF during the 2nd quarter valued at $967,848,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schwab U.S. REIT ETF by 6.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after acquiring an additional 557,970 shares during the period.
Schwab U.S. REIT ETF Trading Down 0.4%
SCHH opened at $23.84 on Wednesday. The firm has a market cap of $11.27 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03. The stock has a fifty day moving average price of $24.08 and a 200-day moving average price of $23.18.
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.
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