Twin Lakes Capital Management LLC purchased a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,320 shares of the company’s stock, valued at approximately $6,027,000. Schwab U.S. REIT ETF comprises about 2.3% of Twin Lakes Capital Management LLC’s holdings, making the stock its 10th biggest holding.
Several other large investors have also bought and sold shares of the stock. Palisade Asset Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at $25,000. Horizon Investments LLC purchased a new stake in Schwab U.S. REIT ETF in the 4th quarter worth about $25,000. Gilpin Wealth Management LLC bought a new stake in Schwab U.S. REIT ETF in the 4th quarter valued at about $25,000. NewEdge Advisors LLC raised 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 valued at $28,000 after acquiring an additional 1,004 shares during the period. Finally, C M Bidwell & Associates Ltd. bought a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at about $30,000.
Schwab U.S. REIT ETF Stock Down 0.5%
NYSEARCA SCHH opened at $23.74 on Friday. The company has a market cap of $11.23 billion, a PE ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03. The firm’s 50-day simple moving average is $24.12 and its two-hundred day simple moving average is $23.31.
Schwab U.S. REIT ETF 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.
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