Jackson Thornton Wealth Management LLC Has $9.04 Million Holdings in Schwab U.S. REIT ETF $SCHH

Jackson Thornton Wealth Management LLC decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 399,423 shares of the company’s stock after selling 27,187 shares during the quarter. Schwab U.S. REIT ETF comprises approximately 0.8% of Jackson Thornton Wealth Management LLC’s investment portfolio, making the stock its 21st largest position. Jackson Thornton Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $9,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Horizon Investments LLC bought a new stake in shares of Schwab U.S. REIT ETF in the 4th quarter valued at $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF in the third quarter valued at $25,000. Gilpin Wealth Management LLC acquired a new position in Schwab U.S. REIT ETF in the fourth quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at $26,000. Finally, NewEdge Advisors LLC boosted its position in Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after acquiring an additional 1,004 shares during the last quarter.

Schwab U.S. REIT ETF Trading Up 1.2%

SCHH stock opened at $24.15 on Wednesday. The stock has a 50-day moving average price of $23.61 and a 200-day moving average price of $22.53. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $24.32. The firm has a market cap of $11.35 billion, a PE ratio of 34.50 and a beta of 0.94.

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.