Twin Lakes Capital Management LLC Takes $6.03 Million Position in Schwab U.S. REIT ETF $SCHH

Twin Lakes Capital Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 65,320 shares of the company’s stock, valued at approximately $6,027,000. Schwab U.S. REIT ETF makes up approximately 2.3% of Twin Lakes Capital Management LLC’s portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC purchased a new stake in Schwab U.S. REIT ETF in the 4th quarter worth approximately $208,000. Royal Bank of Canada grew its position in shares of Schwab U.S. REIT ETF by 140.7% during the 1st quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock valued at $2,732,000 after purchasing an additional 74,243 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Schwab U.S. REIT ETF by 16.5% in the first quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after purchasing an additional 3,222 shares during the period. NewEdge Advisors LLC raised its position in shares of Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Schwab U.S. REIT ETF by 734.2% during the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock valued at $2,520,000 after buying an additional 103,094 shares during the period.

Schwab U.S. REIT ETF Stock Down 0.5%

Schwab U.S. REIT ETF stock opened at $23.74 on Friday. The stock has a market cap of $11.23 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The business has a 50-day simple moving average of $24.12 and a 200 day simple moving average of $23.31. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03.

Schwab U.S. REIT ETF Company 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.