Schoolcraft Capital LLC Has $2.59 Million Stake in Schwab U.S. REIT ETF $SCHH

Schoolcraft Capital LLC lessened its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 7.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,184 shares of the company’s stock after selling 9,557 shares during the quarter. Schwab U.S. REIT ETF accounts for approximately 0.5% of Schoolcraft Capital LLC’s investment portfolio, making the stock its 26th biggest position. Schoolcraft Capital LLC’s holdings in Schwab U.S. REIT ETF were worth $2,585,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SCHH. Brighton Jones LLC acquired a new stake in Schwab U.S. REIT ETF in the fourth quarter worth $208,000. Cambridge Investment Research Advisors Inc. boosted its position in Schwab U.S. REIT ETF by 21.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 46,143 shares of the company’s stock valued at $993,000 after acquiring an additional 8,226 shares in the last quarter. Perigon Wealth Management LLC lifted its position in Schwab U.S. REIT ETF by 1.2% in the 1st quarter. Perigon Wealth Management LLC now owns 141,492 shares of the company’s stock valued at $3,043,000 after acquiring an additional 1,619 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 95.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 13,654 shares of the company’s stock valued at $294,000 after buying an additional 6,659 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Schwab U.S. REIT ETF in the 1st quarter valued at about $267,000.

Schwab U.S. REIT ETF Trading Up 0.2%

Shares of SCHH stock opened at $21.78 on Friday. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $23.42. The stock has a fifty day simple moving average of $21.44 and a two-hundred day simple moving average of $21.20. The stock has a market capitalization of $8.50 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92.

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.