Ballast Advisors LLC Boosts Stake in Schwab U.S. REIT ETF $SCHH

Ballast Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,271 shares of the company’s stock after purchasing an additional 1,057 shares during the quarter. Schwab U.S. REIT ETF accounts for 0.6% of Ballast Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Ballast Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $2,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Guardian Financial Partners LLC lifted its stake in shares of Schwab U.S. REIT ETF by 15.3% during the second quarter. Guardian Financial Partners LLC now owns 122,349 shares of the company’s stock worth $2,589,000 after purchasing an additional 16,196 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 64.3% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 20,389 shares of the company’s stock worth $431,000 after acquiring an additional 7,976 shares in the last quarter. Strata Wealth Advisors LLC acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter worth about $335,000. Bleakley Financial Group LLC acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter worth about $1,415,000. Finally, Advantage Trust Co bought a new stake in Schwab U.S. REIT ETF in the second quarter valued at about $333,000.

Schwab U.S. REIT ETF Stock Up 0.2%

Shares of Schwab U.S. REIT ETF stock opened at $21.78 on Friday. The firm has a market cap of $8.50 billion, a P/E ratio of 34.50 and a beta of 0.92. The business has a 50-day moving average price of $21.44 and a 200 day moving average price of $21.20. Schwab U.S. REIT ETF has a fifty-two week low of $18.25 and a fifty-two week high of $23.42.

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.