US Bancorp DE Acquires 724,757 Shares of Schwab U.S. REIT ETF $SCHH

US Bancorp DE lifted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 30,541,227 shares of the company’s stock after purchasing an additional 724,757 shares during the period. Schwab U.S. REIT ETF comprises about 0.8% of US Bancorp DE’s investment portfolio, making the stock its 24th biggest position. US Bancorp DE owned 0.08% of Schwab U.S. REIT ETF worth $646,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHH. Benjamin Edwards Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 69.3% during the 1st quarter. Benjamin Edwards Inc. now owns 1,503,329 shares of the company’s stock valued at $32,337,000 after purchasing an additional 615,288 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 306.5% during the 1st quarter. Raymond James Financial Inc. now owns 649,417 shares of the company’s stock valued at $13,969,000 after purchasing an additional 489,677 shares during the last quarter. Christopher J. Hasenberg Inc bought a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at $8,494,000. Financial Engines Advisors L.L.C. grew its holdings in shares of Schwab U.S. REIT ETF by 0.6% during the 1st quarter. Financial Engines Advisors L.L.C. now owns 54,164,614 shares of the company’s stock valued at $1,165,081,000 after purchasing an additional 337,472 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 3.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 7,480,975 shares of the company’s stock valued at $160,916,000 after purchasing an additional 246,540 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $21.19 on Thursday. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.42. The firm’s fifty day moving average is $21.32 and its 200 day moving average is $21.14. The firm has a market cap of $8.25 billion, a P/E ratio of 34.50 and a beta of 0.92.

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.