Heron Bay Capital Management Makes New $52.25 Million Investment in Schwab U.S. REIT ETF $SCHH

Heron Bay Capital Management bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 566,275 shares of the company’s stock, valued at approximately $52,250,000. Schwab U.S. REIT ETF comprises approximately 4.7% of Heron Bay Capital Management’s investment portfolio, making the stock its 5th biggest holding. Heron Bay Capital Management owned 0.12% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Odyssey Capital Advisors Inc. purchased a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $654,000. Hantz Financial Services Inc. increased its holdings in Schwab U.S. REIT ETF by 5.0% during the 4th quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock worth $18,153,000 after purchasing an additional 41,738 shares during the period. Texas Yale Capital Corp. increased its holdings in Schwab U.S. REIT ETF by 43.4% during the 4th quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock worth $5,251,000 after purchasing an additional 76,023 shares during the period. Principal Securities Inc. increased its holdings in Schwab U.S. REIT ETF by 8.4% during the 4th quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock worth $13,344,000 after purchasing an additional 49,554 shares during the period. Finally, Advisors Capital Management LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth $12,200,000.

Schwab U.S. REIT ETF Trading Down 0.1%

SCHH opened at $24.04 on Friday. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $25.03. The business’s fifty day simple moving average is $24.08 and its 200-day simple moving average is $23.22.

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.