Brevan Howard Capital Management LP Makes New $559,000 Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Brevan Howard Capital Management LP bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,544 shares of the company’s stock, valued at approximately $559,000.

Other institutional investors have also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. increased its stake in Schwab U.S. REIT ETF by 1.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 53,827,142 shares of the company’s stock worth $1,133,600,000 after purchasing an additional 909,210 shares during the period. US Bancorp DE grew its holdings in shares of Schwab U.S. REIT ETF by 3.1% in the fourth quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after purchasing an additional 850,612 shares during the last quarter. FMR LLC increased its stake in Schwab U.S. REIT ETF by 3.3% in the 4th quarter. FMR LLC now owns 25,459,549 shares of the company’s stock worth $536,178,000 after buying an additional 813,660 shares during the period. Brooklyn FI LLC lifted its holdings in Schwab U.S. REIT ETF by 6,300.2% during the 4th quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock valued at $171,853,000 after buying an additional 7,569,163 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in Schwab U.S. REIT ETF by 3.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,234,435 shares of the company’s stock valued at $152,357,000 after buying an additional 252,942 shares during the period.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH opened at $21.22 on Friday. The firm’s 50 day simple moving average is $20.90 and its 200-day simple moving average is $21.48. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $23.66. The firm has a market cap of $7.47 billion, a PE ratio of 31.64 and a beta of 0.96.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.0985 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.