Schwab U.S. REIT ETF $SCHH Shares Bought by Wealth Management Resources Inc.

Wealth Management Resources Inc. grew its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 390,304 shares of the company’s stock after acquiring an additional 23,789 shares during the period. Schwab U.S. REIT ETF comprises about 2.8% of Wealth Management Resources Inc.’s portfolio, making the stock its 13th largest holding. Wealth Management Resources Inc.’s holdings in Schwab U.S. REIT ETF were worth $8,259,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Thompson Investment Management Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 6.8% in the second quarter. Thompson Investment Management Inc. now owns 14,701 shares of the company’s stock valued at $311,000 after purchasing an additional 936 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Schwab U.S. REIT ETF by 17.2% in the second quarter. IFP Advisors Inc now owns 36,154 shares of the company’s stock valued at $765,000 after purchasing an additional 5,313 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of Schwab U.S. REIT ETF by 20.5% in the second quarter. Blair William & Co. IL now owns 5,336 shares of the company’s stock valued at $113,000 after purchasing an additional 906 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Schwab U.S. REIT ETF by 2.4% in the second quarter. US Bancorp DE now owns 30,541,227 shares of the company’s stock valued at $646,258,000 after purchasing an additional 724,757 shares in the last quarter. Finally, Aurora Investment Managers LLC. purchased a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at $249,000.

Schwab U.S. REIT ETF Stock Down 1.1%

SCHH opened at $20.85 on Friday. The stock has a fifty day moving average of $21.33 and a 200-day moving average of $21.13. The firm has a market capitalization of $8.12 billion, a P/E ratio of 34.50 and a beta of 0.92. Schwab U.S. REIT ETF has a 12-month low of $18.25 and a 12-month high of $23.42.

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.