Equitable Holdings Inc. acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 54,020 shares of the company’s stock, valued at approximately $4,984,000.
A number of other hedge funds also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Schwab U.S. REIT ETF in the 2nd quarter worth approximately $12,402,467,000. Financial Engines Advisors L.L.C. grew its position in shares of Schwab U.S. REIT ETF by 5.2% in 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 purchasing an additional 2,964,924 shares in the last quarter. US Bancorp DE increased its holdings in shares of Schwab U.S. REIT ETF by 2.1% in the fourth quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock valued at $684,184,000 after purchasing an additional 672,570 shares during the last quarter. Primecap Management Co. CA acquired a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $2,317,905,000. Finally, Bank of America Corp DE purchased a new position in Schwab U.S. REIT ETF during the second quarter worth approximately $1,475,687,000.
Schwab U.S. REIT ETF Stock Performance
Shares of Schwab U.S. REIT ETF stock opened at $23.85 on Friday. The business’s 50 day moving average price is $24.11 and its 200 day moving average price is $23.31. The company has a market cap of $11.28 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03.
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.
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