Droms Strauss Advisors Inc. MO ADV Purchases New Shares in Schwab U.S. REIT ETF $SCHH

Droms Strauss Advisors Inc. MO ADV purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the third quarter, HoldingsChannel.com reports. The firm purchased 33,558 shares of the company’s stock, valued at approximately $740,000.

Several other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. REIT ETF by 6.4% during the second quarter. Envestnet Asset Management Inc. now owns 11,756,832 shares of the company’s stock valued at $278,402,000 after purchasing an additional 712,099 shares during the period. Dumac Inc. lifted its position in shares of Schwab U.S. REIT ETF by 1.0% during the first quarter. Dumac Inc. now owns 7,929,093 shares of the company’s stock worth $170,396,000 after purchasing an additional 82,351 shares in the last quarter. Pioneer Wealth Management Group boosted its stake in shares of Schwab U.S. REIT ETF by 8.3% in the second quarter. Pioneer Wealth Management Group now owns 883,192 shares of the company’s stock valued at $20,914,000 after purchasing an additional 67,461 shares during the period. ZynergyRetirementPlanningLLC boosted its stake in shares of Schwab U.S. REIT ETF by 4.8% in the third quarter. ZynergyRetirementPlanningLLC now owns 859,959 shares of the company’s stock valued at $18,953,000 after purchasing an additional 39,242 shares during the period. Finally, Waverly Advisors LLC grew its holdings in Schwab U.S. REIT ETF by 3.3% during the 2nd quarter. Waverly Advisors LLC now owns 770,626 shares of the company’s stock valued at $18,248,000 after purchasing an additional 24,486 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

SCHH traded down $0.14 during trading hours on Friday, reaching $23.49. 8,561,652 shares of the stock traded hands, compared to its average volume of 8,016,094. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The company has a market cap of $11.20 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92. The firm’s fifty day simple moving average is $22.78 and its two-hundred day simple moving average is $23.05.

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.