Cibc World Market Inc. Invests $45.17 Million in Schwab U.S. REIT ETF $SCHH

Cibc World Market Inc. purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 489,573 shares of the company’s stock, valued at approximately $45,173,000. Cibc World Market Inc. owned about 0.10% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHH. Horizon Investments LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter valued at $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF in the third quarter worth $25,000. Gilpin Wealth Management LLC bought a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth $25,000. NewEdge Advisors LLC grew its holdings in shares of Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at $30,000.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH opened at $24.04 on Monday. The business has a fifty day moving average of $24.08 and a 200-day moving average of $23.24. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The firm has a market cap of $11.37 billion, a PE ratio of 34.50 and a beta of 0.94.

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.