Northwestern Mutual Wealth Management Co. Purchases New Position in Schwab U.S. REIT ETF $SCHH

Northwestern Mutual Wealth Management Co. bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 542,634 shares of the company’s stock, valued at approximately $50,069,000. Northwestern Mutual Wealth Management Co. owned approximately 0.11% of Schwab U.S. REIT ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHH. Odyssey Capital Advisors Inc. purchased a new stake in Schwab U.S. REIT ETF in the fourth quarter worth about $654,000. Hantz Financial Services Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 5.0% during the fourth quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock valued at $18,153,000 after purchasing an additional 41,738 shares during the last quarter. Texas Yale Capital Corp. boosted its position in shares of Schwab U.S. REIT ETF by 43.4% in 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 in the last quarter. Principal Securities Inc. boosted its position in shares of Schwab U.S. REIT ETF by 8.4% in 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 in the last quarter. Finally, Advisors Capital Management LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $12,200,000.

Schwab U.S. REIT ETF Stock Down 0.1%

SCHH stock opened at $24.04 on Friday. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The firm has a market cap of $11.37 billion, a PE ratio of 34.50 and a beta of 0.94. The business has a 50 day moving average of $24.08 and a 200 day moving average of $23.22.

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.