Rational Advisors Inc. cut its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 3.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,476,372 shares of the company’s stock after selling 57,556 shares during the quarter. Schwab U.S. REIT ETF makes up 3.2% of Rational Advisors Inc.’s holdings, making the stock its 10th biggest holding. Rational Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $30,841,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in SCHH. Brighton Jones LLC purchased a new stake in Schwab U.S. REIT ETF during the 4th quarter worth $208,000. Royal Bank of Canada boosted its position in Schwab U.S. REIT ETF by 140.7% during the 1st quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock worth $2,732,000 after purchasing an additional 74,243 shares during the period. Integrated Wealth Concepts LLC boosted its position in Schwab U.S. REIT ETF by 16.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after purchasing an additional 3,222 shares during the period. NewEdge Advisors LLC boosted its position in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the period. Finally, Jane Street Group LLC boosted its position in Schwab U.S. REIT ETF by 734.2% during the 1st quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock worth $2,520,000 after purchasing an additional 103,094 shares during the period.
Schwab U.S. REIT ETF Trading Up 0.3%
Shares of Schwab U.S. REIT ETF stock opened at $23.07 on Wednesday. The company has a fifty day moving average price of $22.81 and a 200 day moving average price of $22.05. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $23.92. The stock has a market cap of $9.79 billion, a price-to-earnings ratio of 34.50 and a beta of 0.97.
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.
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