Elevation Point Wealth Partners LLC Takes $3.23 Million Position in Schwab U.S. REIT ETF $SCHH

Elevation Point Wealth Partners LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 35,009 shares of the company’s stock, valued at approximately $3,230,000.

A number of other hedge funds have also modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the second quarter valued at $41,000. AWM Capital LLC grew its stake in Schwab U.S. REIT ETF by 0.5% in the fourth quarter. AWM Capital LLC now owns 96,432 shares of the company’s stock valued at $2,014,000 after purchasing an additional 460 shares in the last quarter. Swmg LLC grew its stake in Schwab U.S. REIT ETF by 4.8% in the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock valued at $224,000 after purchasing an additional 471 shares in the last quarter. WealthShield Partners LLC increased its position in Schwab U.S. REIT ETF by 1.6% in the 1st quarter. WealthShield Partners LLC now owns 35,437 shares of the company’s stock worth $762,000 after purchasing an additional 541 shares during the last quarter. Finally, Koshinski Asset Management Inc. increased its position in Schwab U.S. REIT ETF by 3.7% in the 4th quarter. Koshinski Asset Management Inc. now owns 15,490 shares of the company’s stock worth $324,000 after purchasing an additional 559 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $24.04 on Friday. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The business has a 50-day moving average of $24.08 and a 200-day moving average of $23.22. The company has a market capitalization of $11.37 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.

Further Reading

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

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