Tudor Investment Corp ET AL Sells 177,762 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Tudor Investment Corp ET AL reduced its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 59.1% in the fourth quarter, Holdings Channel reports. The fund owned 122,801 shares of the company’s stock after selling 177,762 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Schwab U.S. REIT ETF were worth $2,586,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JNBA Financial Advisors bought a new stake in Schwab U.S. REIT ETF during the fourth quarter worth approximately $28,000. CENTRAL TRUST Co purchased a new position in shares of Schwab U.S. REIT ETF in the 4th quarter worth approximately $30,000. Bank of Montreal Can increased its position in shares of Schwab U.S. REIT ETF by 39.2% during the 4th quarter. Bank of Montreal Can now owns 2,610 shares of the company’s stock valued at $55,000 after purchasing an additional 735 shares during the last quarter. Sound Income Strategies LLC raised its holdings in Schwab U.S. REIT ETF by 266.9% during the 4th quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock valued at $59,000 after buying an additional 2,026 shares during the period. Finally, Assetmark Inc. lifted its position in Schwab U.S. REIT ETF by 311.3% in the fourth quarter. Assetmark Inc. now owns 3,064 shares of the company’s stock worth $65,000 after buying an additional 2,319 shares during the last quarter.

Schwab U.S. REIT ETF Stock Up 1.1 %

NYSEARCA SCHH opened at $21.32 on Friday. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.66. The firm has a market capitalization of $7.51 billion, a price-to-earnings ratio of 31.64 and a beta of 0.96. The company has a fifty day moving average of $20.98 and a two-hundred day moving average of $21.53.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0985 per share. The ex-dividend date was Wednesday, March 26th.

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.