Schwab U.S. REIT ETF $SCHH Stock Holdings Boosted by Wealth Management Resources Inc.

Wealth Management Resources Inc. raised its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 390,304 shares of the company’s stock after purchasing an additional 23,789 shares during the quarter. Schwab U.S. REIT ETF comprises 2.8% of Wealth Management Resources Inc.’s portfolio, making the stock its 13th largest holding. Wealth Management Resources Inc. owned about 0.10% of Schwab U.S. REIT ETF worth $8,259,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Webster Bank N. A. bought a new position in Schwab U.S. REIT ETF during the 2nd quarter valued at $26,000. NewEdge Advisors LLC boosted its stake in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after purchasing an additional 1,004 shares in the last quarter. Howe & Rusling Inc. boosted its stake in Schwab U.S. REIT ETF by 196.8% during the 1st quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock valued at $34,000 after purchasing an additional 1,057 shares in the last quarter. Abound Wealth Management lifted its position in shares of Schwab U.S. REIT ETF by 569.7% during the 2nd quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock valued at $41,000 after acquiring an additional 1,652 shares during the last quarter. Finally, GSB Wealth Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the 1st quarter valued at $42,000.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH opened at $20.85 on Friday. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $23.42. The stock has a fifty day moving average of $21.33 and a 200-day moving average of $21.13. The company has a market capitalization of $8.12 billion, a PE ratio of 34.50 and a beta of 0.92.

Schwab U.S. REIT ETF Company 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.