US Bancorp DE Increases Position in Schwab U.S. REIT ETF $SCHH

US Bancorp DE boosted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,751,460 shares of the company’s stock after purchasing an additional 672,570 shares during the quarter. Schwab U.S. REIT ETF makes up 0.8% of US Bancorp DE’s holdings, making the stock its 23rd largest position. US Bancorp DE owned about 7.74% of Schwab U.S. REIT ETF worth $684,184,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Independent Solutions Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 0.6% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 81,689 shares of the company’s stock worth $1,762,000 after acquiring an additional 501 shares in the last quarter. Bigelow Investment Advisors LLC increased its position in shares of Schwab U.S. REIT ETF by 2.0% in the 4th quarter. Bigelow Investment Advisors LLC now owns 25,250 shares of the company’s stock valued at $527,000 after purchasing an additional 506 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 73.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock valued at $27,000 after purchasing an additional 538 shares in the last quarter. Cresset Asset Management LLC lifted its position in shares of Schwab U.S. REIT ETF by 0.7% during the 3rd quarter. Cresset Asset Management LLC now owns 89,694 shares of the company’s stock worth $1,935,000 after purchasing an additional 619 shares during the last quarter. Finally, Patriot Investment Management Group Inc. lifted its position in shares of Schwab U.S. REIT ETF by 0.7% during the 4th quarter. Patriot Investment Management Group Inc. now owns 91,591 shares of the company’s stock worth $1,913,000 after purchasing an additional 633 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 0.6%

Shares of SCHH stock opened at $23.06 on Thursday. The company has a market cap of $9.77 billion, a P/E ratio of 34.50 and a beta of 0.98. The firm has a fifty day moving average price of $22.46 and a 200 day moving average price of $21.74. Schwab U.S. REIT ETF has a 12 month low of $20.56 and a 12 month high of $23.50.

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.