IFP Advisors Inc Acquires 5,313 Shares of Schwab U.S. REIT ETF $SCHH

IFP Advisors Inc grew its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 17.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,154 shares of the company’s stock after acquiring an additional 5,313 shares during the period. IFP Advisors Inc’s holdings in Schwab U.S. REIT ETF were worth $765,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHH. US Bancorp DE raised its position in Schwab U.S. REIT ETF by 4.8% in the first quarter. US Bancorp DE now owns 29,816,470 shares of the company’s stock worth $641,357,000 after acquiring an additional 1,371,461 shares during the period. Benjamin Edwards Inc. raised its position in Schwab U.S. REIT ETF by 69.3% in the first quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock worth $32,337,000 after acquiring an additional 615,288 shares during the period. Raymond James Financial Inc. raised its position in Schwab U.S. REIT ETF by 306.5% in the first quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock worth $13,969,000 after acquiring an additional 489,677 shares during the period. Christopher J. Hasenberg Inc bought a new position in Schwab U.S. REIT ETF in the second quarter worth approximately $8,494,000. Finally, Financial Engines Advisors L.L.C. raised its position in Schwab U.S. REIT ETF by 0.6% in the first quarter. Financial Engines Advisors L.L.C. now owns 54,164,614 shares of the company’s stock worth $1,165,081,000 after acquiring an additional 337,472 shares during the period.

Schwab U.S. REIT ETF Trading Up 0.5%

SCHH opened at $20.96 on Tuesday. Schwab U.S. REIT ETF has a 1-year low of $18.25 and a 1-year high of $23.42. The company has a market capitalization of $8.18 billion, a PE ratio of 34.50 and a beta of 0.92. The firm’s 50 day simple moving average is $21.32 and its two-hundred day simple moving average is $21.13.

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.