Jupiter Topco LLC Acquires New Shares in Schwab U.S. REIT ETF $SCHH

Jupiter Topco LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,113,238 shares of the company’s stock, valued at approximately $194,976,000. Jupiter Topco LLC owned 0.45% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHH. Horizon Investments LLC bought a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter valued at about $25,000. Palisade Asset Management LLC bought a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at $25,000. Gilpin Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth $25,000. 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, C M Bidwell & Associates Ltd. purchased a new position in Schwab U.S. REIT ETF during the second quarter worth about $30,000.

Schwab U.S. REIT ETF Trading Down 0.5%

Shares of SCHH opened at $24.08 on Thursday. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $25.03. The company has a market cap of $11.39 billion, a PE ratio of 34.50 and a beta of 0.94. The stock has a 50-day moving average price of $24.10 and a 200-day moving average price of $23.29.

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.