Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. lowered its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.2% in the fourth quarter, HoldingsChannel reports. The fund owned 363,799 shares of the company’s stock after selling 24,198 shares during the quarter. Schwab U.S. REIT ETF makes up about 2.8% of Wealth Management Resources Inc.’s portfolio, making the stock its 13th largest position. Wealth Management Resources Inc.’s holdings in Schwab U.S. REIT ETF were worth $7,662,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Asset Dedication LLC grew its holdings in Schwab U.S. REIT ETF by 36.9% in the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the period. B. Riley Wealth Advisors Inc. raised its position in shares of Schwab U.S. REIT ETF by 3.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 15,987 shares of the company’s stock worth $366,000 after buying an additional 530 shares during the period. Braun Bostich & Associates Inc. boosted its holdings in Schwab U.S. REIT ETF by 0.8% in the fourth quarter. Braun Bostich & Associates Inc. now owns 73,288 shares of the company’s stock valued at $1,543,000 after acquiring an additional 598 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in Schwab U.S. REIT ETF by 4.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 14,602 shares of the company’s stock valued at $338,000 after acquiring an additional 602 shares during the period. Finally, Modera Wealth Management LLC increased its stake in Schwab U.S. REIT ETF by 0.7% during the third quarter. Modera Wealth Management LLC now owns 89,719 shares of the company’s stock worth $2,079,000 after acquiring an additional 634 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

NYSEARCA SCHH opened at $21.33 on Friday. Schwab U.S. REIT ETF has a 1-year low of $18.45 and a 1-year high of $23.66. The firm has a market capitalization of $6.77 billion, a P/E ratio of 26.49 and a beta of 0.97. The business’s 50-day simple moving average is $21.64 and its 200-day simple moving average is $22.05.

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.