Basswood Capital Management L.L.C. Takes Position in Schwab U.S. REIT ETF $SCHH

Basswood Capital Management L.L.C. acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 250,998 shares of the company’s stock, valued at approximately $23,160,000. Basswood Capital Management L.L.C. owned 0.05% of Schwab U.S. REIT ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter worth $41,000. AWM Capital LLC increased its stake in Schwab U.S. REIT ETF by 0.5% during the fourth quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock worth $2,014,000 after acquiring an additional 460 shares during the last quarter. Swmg LLC increased its stake in Schwab U.S. REIT ETF by 4.8% during the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock worth $224,000 after acquiring an additional 471 shares during the last quarter. WealthShield Partners LLC increased its stake in Schwab U.S. REIT ETF by 1.6% during the first quarter. WealthShield Partners LLC now owns 35,437 shares of the company’s stock worth $762,000 after acquiring an additional 541 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 3.7% in the 4th quarter. Koshinski Asset Management Inc. now owns 15,490 shares of the company’s stock worth $324,000 after purchasing an additional 559 shares during the period.

Schwab U.S. REIT ETF Price Performance

NYSEARCA SCHH opened at $24.08 on Thursday. The firm has a market capitalization of $11.39 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $25.03. The business’s 50-day simple moving average is $24.10 and its 200-day simple moving average is $23.29.

About Schwab U.S. REIT ETF

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.