Schwab U.S. REIT ETF $SCHH Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,646,130 shares of the company’s stock after acquiring an additional 199,277 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 1.80% of Schwab U.S. REIT ETF worth $159,728,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Godfrey Financial Associates Inc. acquired a new position in Schwab U.S. REIT ETF during the fourth quarter worth $199,000. Swmg LLC grew its position in Schwab U.S. REIT ETF by 4.8% during the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock worth $224,000 after buying an additional 471 shares during the period. Huntington National Bank grew its position in Schwab U.S. REIT ETF by 402,600.0% during the fourth quarter. Huntington National Bank now owns 4,027 shares of the company’s stock worth $84,000 after buying an additional 4,026 shares during the period. Poinciana Advisors Group LLC grew its position in Schwab U.S. REIT ETF by 24.8% during the fourth quarter. Poinciana Advisors Group LLC now owns 13,459 shares of the company’s stock worth $281,000 after buying an additional 2,675 shares during the period. Finally, Bleakley Financial Group LLC grew its position in Schwab U.S. REIT ETF by 4.0% during the fourth quarter. Bleakley Financial Group LLC now owns 49,054 shares of the company’s stock worth $1,025,000 after buying an additional 1,888 shares during the period.

Schwab U.S. REIT ETF Trading Down 0.3%

Shares of SCHH opened at $23.67 on Friday. The firm’s 50-day moving average is $22.76 and its two-hundred day moving average is $22.03. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $23.92. The firm has a market capitalization of $10.04 billion, a P/E ratio of 34.50 and a beta of 0.97.

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.