PDT Partners LLC Invests $15.89 Million in Schwab U.S. REIT ETF $SCHH

PDT Partners LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 172,200 shares of the company’s stock, valued at approximately $15,889,000. Schwab U.S. REIT ETF makes up about 0.8% of PDT Partners LLC’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHH. Horizon Investments LLC acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC acquired a new position in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF in the 4th quarter worth approximately $25,000. NewEdge Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF by 313.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after acquiring an additional 1,004 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at approximately $30,000.

Schwab U.S. REIT ETF Trading Up 0.1%

SCHH stock opened at $24.21 on Wednesday. The firm has a market cap of $11.45 billion, a P/E 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’s 50 day simple moving average is $24.09 and its 200 day simple moving average is $23.28.

Schwab U.S. REIT ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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