US Bancorp DE Boosts Holdings in Schwab U.S. REIT ETF $SCHH

US Bancorp DE boosted its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,541,227 shares of the company’s stock after purchasing an additional 724,757 shares during the quarter. Schwab U.S. REIT ETF comprises 0.8% of US Bancorp DE’s investment portfolio, making the stock its 24th biggest position. US Bancorp DE owned about 8.04% of Schwab U.S. REIT ETF worth $646,258,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Financial Engines Advisors L.L.C. raised its position in shares of Schwab U.S. REIT ETF by 0.6% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 54,164,614 shares of the company’s stock valued at $1,165,081,000 after buying an additional 337,472 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Schwab U.S. REIT ETF by 3.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 7,480,975 shares of the company’s stock valued at $160,916,000 after buying an additional 246,540 shares in the last quarter. Rational Advisors Inc. raised its position in shares of Schwab U.S. REIT ETF by 7.4% during the 1st quarter. Rational Advisors Inc. now owns 1,772,703 shares of the company’s stock valued at $38,131,000 after buying an additional 122,079 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of Schwab U.S. REIT ETF by 69.3% during the 1st quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock valued at $32,337,000 after buying an additional 615,288 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC raised its position in shares of Schwab U.S. REIT ETF by 5.9% during the 2nd quarter. BlueSky Wealth Advisors LLC now owns 925,957 shares of the company’s stock valued at $19,593,000 after buying an additional 51,711 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

Schwab U.S. REIT ETF stock opened at $21.19 on Thursday. The firm’s fifty day moving average price is $21.32 and its 200-day moving average price is $21.14. The stock has a market cap of $8.25 billion, a P/E ratio of 34.50 and a beta of 0.92. Schwab U.S. REIT ETF has a fifty-two week low of $18.25 and a fifty-two week high of $23.42.

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.