Callan Capital LLC Lowers Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Callan Capital LLC cut its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 14.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 18,116 shares of the company’s stock after selling 3,000 shares during the quarter. Callan Capital LLC’s holdings in Schwab U.S. REIT ETF were worth $375,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. purchased a new stake in Schwab U.S. REIT ETF in the third quarter worth about $105,854,000. Cerity Partners LLC lifted its position in shares of Schwab U.S. REIT ETF by 165.7% in the 4th quarter. Cerity Partners LLC now owns 5,910,260 shares of the company’s stock worth $122,401,000 after purchasing an additional 3,685,437 shares during the period. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 4.1% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock valued at $912,403,000 after purchasing an additional 2,010,996 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its position in shares of Schwab U.S. REIT ETF by 4.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock valued at $840,604,000 after acquiring an additional 1,921,502 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Schwab U.S. REIT ETF by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock worth $450,284,000 after purchasing an additional 1,633,614 shares in the last quarter.

Schwab U.S. REIT ETF Trading Down 0.1 %

SCHH stock traded down $0.02 during midday trading on Friday, reaching $18.86. The stock had a trading volume of 3,821,718 shares, compared to its average volume of 3,441,716. The company’s fifty day simple moving average is $19.73 and its 200 day simple moving average is $19.41. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99. Schwab U.S. REIT ETF has a 52-week low of $16.63 and a 52-week high of $20.95.

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.