Bleakley Financial Group LLC Takes $1.42 Million Position in Schwab U.S. REIT ETF $SCHH

Bleakley Financial Group LLC bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 66,858 shares of the company’s stock, valued at approximately $1,415,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHH. US Bancorp DE raised its holdings in shares of 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 valued at $641,357,000 after buying an additional 1,371,461 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in shares of 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 valued at $32,337,000 after buying an additional 615,288 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of 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 valued at $13,969,000 after buying an additional 489,677 shares during the last quarter. Christopher J. Hasenberg Inc purchased a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at about $8,494,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 5.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock valued at $166,464,000 after buying an additional 385,927 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH opened at $21.78 on Friday. The company has a 50-day simple moving average of $21.44 and a 200-day simple moving average of $21.18. 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 market capitalization of $8.50 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92.

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.