SGL Investment Advisors Inc. acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 40,332 shares of the company’s stock, valued at approximately $4,355,000. Schwab U.S. REIT ETF accounts for approximately 1.5% of SGL Investment Advisors Inc.’s portfolio, making the stock its 27th biggest holding.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Horizon Investments LLC purchased a new position in shares of Schwab U.S. REIT ETF during the fourth quarter worth about $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF during the third quarter worth $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth $25,000. NewEdge Advisors LLC grew its position in Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares during the period. Finally, Asset Dedication LLC increased its stake in Schwab U.S. REIT ETF by 47.0% in the 1st quarter. Asset Dedication LLC now owns 1,771 shares of the company’s stock valued at $38,000 after purchasing an additional 566 shares in the last quarter.
Schwab U.S. REIT ETF Stock Up 0.2%
Shares of SCHH stock opened at $24.06 on Friday. The stock has a market cap of $11.38 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The business has a fifty day simple moving average of $24.08 and a 200-day simple moving average of $23.22.
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.
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