Schwab U.S. REIT ETF $SCHH Stake Boosted by Ballast Advisors LLC

Ballast Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.0% in the 2nd quarter, Holdings Channel reports. The firm owned 103,271 shares of the company’s stock after acquiring an additional 1,057 shares during the quarter. Schwab U.S. REIT ETF comprises approximately 0.6% of Ballast Advisors LLC’s holdings, making the stock its 25th biggest position. Ballast Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $2,185,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHH. US Bancorp DE grew its holdings in Schwab U.S. REIT ETF by 4.8% in the 1st quarter. US Bancorp DE now owns 29,816,470 shares of the company’s stock worth $641,357,000 after buying an additional 1,371,461 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in Schwab U.S. REIT ETF by 69.3% in the 1st quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock worth $32,337,000 after buying an additional 615,288 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Schwab U.S. REIT ETF by 306.5% in the 1st quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock worth $13,969,000 after buying an additional 489,677 shares in the last quarter. Christopher J. Hasenberg Inc bought a new position in Schwab U.S. REIT ETF in the 2nd quarter worth approximately $8,494,000. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in Schwab U.S. REIT ETF by 5.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock worth $166,464,000 after buying an additional 385,927 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH stock opened at $21.78 on Friday. Schwab U.S. REIT ETF has a 12-month low of $18.25 and a 12-month high of $23.42. The firm has a market capitalization of $8.50 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92. The business has a 50 day simple moving average of $21.44 and a 200 day simple moving average of $21.20.

Schwab U.S. REIT ETF 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.