Nations Financial Group Inc. IA ADV Increases Stake in Schwab U.S. REIT ETF $SCHH

Nations Financial Group Inc. IA ADV grew its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 109.8% during the 4th quarter, HoldingsChannel reports. The fund owned 54,015 shares of the company’s stock after purchasing an additional 28,269 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Schwab U.S. REIT ETF were worth $1,128,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Engines Advisors L.L.C. raised its stake in shares of Schwab U.S. REIT ETF by 2.8% in the third quarter. Financial Engines Advisors L.L.C. now owns 57,075,509 shares of the company’s stock valued at $1,231,119,000 after acquiring an additional 1,557,768 shares during the period. US Bancorp DE raised its stake in shares of Schwab U.S. REIT ETF by 5.0% in the third quarter. US Bancorp DE now owns 32,078,890 shares of the company’s stock valued at $691,948,000 after acquiring an additional 1,537,663 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Schwab U.S. REIT ETF by 6.2% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 8,358,130 shares of the company’s stock valued at $180,285,000 after acquiring an additional 491,228 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Schwab U.S. REIT ETF by 420.2% in the third quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock valued at $37,405,000 after acquiring an additional 1,400,776 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Schwab U.S. REIT ETF by 5.1% in the third quarter. Ameriprise Financial Inc. now owns 1,704,173 shares of the company’s stock valued at $36,748,000 after acquiring an additional 83,168 shares during the period.

Schwab U.S. REIT ETF Trading Up 1.5%

NYSEARCA SCHH opened at $23.43 on Friday. The company’s 50-day moving average price is $22.37 and its 200-day moving average price is $21.64. The stock has a market cap of $9.99 billion, a PE ratio of 34.50 and a beta of 0.98. Schwab U.S. REIT ETF has a 12 month low of $20.01 and a 12 month high of $23.45.

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.