CORDA Investment Management LLC. Invests $50.37 Million in Schwab U.S. REIT ETF $SCHH

CORDA Investment Management LLC. acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 545,906 shares of the company’s stock, valued at approximately $50,371,000. Schwab U.S. REIT ETF makes up about 3.1% of CORDA Investment Management LLC.’s portfolio, making the stock its 12th largest position. CORDA Investment Management LLC. owned approximately 0.12% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Odyssey Capital Advisors Inc. acquired a new position in shares of Schwab U.S. REIT ETF during the 4th quarter valued at $654,000. Texas Yale Capital Corp. lifted its holdings in shares of Schwab U.S. REIT ETF by 43.4% in the fourth quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock valued at $5,251,000 after buying an additional 76,023 shares during the period. Principal Securities Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 8.4% in the fourth quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock valued at $13,344,000 after buying an additional 49,554 shares during the period. Hantz Financial Services Inc. boosted its stake in Schwab U.S. REIT ETF by 5.0% during the fourth quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock valued at $18,153,000 after buying an additional 41,738 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Schwab U.S. REIT ETF by 6.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after buying an additional 557,970 shares in the last quarter.

Schwab U.S. REIT ETF Stock Up 0.2%

NYSEARCA:SCHH opened at $24.11 on Friday. The business’s 50-day moving average price is $24.07 and its 200 day moving average price is $23.13. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The firm has a market cap of $11.40 billion, a P/E 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.