Royal Bank of Canada lessened its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 31.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,496 shares of the company’s stock after selling 31,350 shares during the period. Royal Bank of Canada’s holdings in Schwab U.S. REIT ETF were worth $1,451,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF in the third quarter valued at approximately $25,000. Horizon Investments LLC purchased a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF in the 4th quarter valued at $25,000. NewEdge Advisors LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 313.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after buying an additional 1,004 shares in the last quarter. Finally, Arax Advisory Partners purchased a new position in shares of Schwab U.S. REIT ETF in the 4th quarter valued at $38,000.
Schwab U.S. REIT ETF Price Performance
Shares of SCHH opened at $24.00 on Thursday. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $25.03. The stock has a market cap of $11.35 billion, a PE ratio of 34.50 and a beta of 0.94. The firm has a fifty day moving average price of $24.08 and a 200 day moving average price of $23.20.
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.
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