Commerzbank Aktiengesellschaft FI bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) during the second quarter, HoldingsChannel.com reports. The fund bought 58,614 shares of the company’s stock, valued at approximately $5,408,000.
Several other hedge funds have also recently made changes to their positions in SCHH. Financial Engines Advisors L.L.C. raised its position in Schwab U.S. REIT ETF by 5.2% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock valued at $1,254,245,000 after purchasing an additional 2,964,924 shares during the period. US Bancorp DE boosted its holdings in shares of Schwab U.S. REIT ETF by 2.1% in the 4th quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock worth $684,184,000 after purchasing an additional 672,570 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at approximately $967,848,000. Envestnet Portfolio Solutions Inc. increased its position in shares of Schwab U.S. REIT ETF by 6.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after purchasing an additional 557,970 shares during the last quarter. Finally, Dumac Inc. raised its holdings in Schwab U.S. REIT ETF by 1.0% during the 1st quarter. Dumac Inc. now owns 7,929,093 shares of the company’s stock valued at $170,396,000 after buying an additional 82,351 shares during the period.
Schwab U.S. REIT ETF Stock Down 0.7%
Shares of SCHH opened at $23.93 on Tuesday. The business has a fifty day moving average of $24.08 and a 200 day moving average of $23.16. The company has a market cap of $11.32 billion, a PE ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03.
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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Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report).
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