Generation Investment Management LLP Makes New $148.70 Million Investment in Schwab U.S. REIT ETF $SCHH

Generation Investment Management LLP purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,611,555 shares of the company’s stock, valued at approximately $148,698,000. Schwab U.S. REIT ETF makes up about 1.4% of Generation Investment Management LLP’s investment portfolio, making the stock its 19th biggest position. Generation Investment Management LLP owned 0.34% of Schwab U.S. REIT ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 4th quarter valued at $208,000. Royal Bank of Canada boosted its holdings in Schwab U.S. REIT ETF by 140.7% in the 1st quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock worth $2,732,000 after buying an additional 74,243 shares during the period. Integrated Wealth Concepts LLC increased its stake in Schwab U.S. REIT ETF by 16.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after buying an additional 3,222 shares in the last quarter. NewEdge Advisors LLC increased its stake in Schwab U.S. REIT ETF by 313.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Schwab U.S. REIT ETF by 734.2% during the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock valued at $2,520,000 after acquiring an additional 103,094 shares during the period.

Schwab U.S. REIT ETF Stock Up 0.7%

NYSEARCA:SCHH opened at $24.00 on Thursday. The business’s 50-day simple moving average is $24.08 and its two-hundred day simple moving average is $23.20. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03. The stock has a market cap of $11.35 billion, a PE ratio of 34.50 and a beta of 0.94.

Schwab U.S. REIT ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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