Focus Financial Network Inc. Acquires 755 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Focus Financial Network Inc. grew its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,959 shares of the company’s stock after acquiring an additional 755 shares during the quarter. Focus Financial Network Inc.’s holdings in Schwab U.S. REIT ETF were worth $789,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SCHH. Brand Asset Management Group Inc. lifted its stake in Schwab U.S. REIT ETF by 10.0% in the 2nd quarter. Brand Asset Management Group Inc. now owns 11,713 shares of the company’s stock valued at $234,000 after acquiring an additional 1,069 shares in the last quarter. Apollon Financial LLC boosted its holdings in Schwab U.S. REIT ETF by 8.1% during the second quarter. Apollon Financial LLC now owns 53,627 shares of the company’s stock worth $1,071,000 after purchasing an additional 4,006 shares during the last quarter. Apollon Wealth Management LLC grew its position in Schwab U.S. REIT ETF by 10.2% in the second quarter. Apollon Wealth Management LLC now owns 1,046,905 shares of the company’s stock valued at $20,907,000 after purchasing an additional 96,787 shares in the last quarter. Sensible Financial Planning & Management LLC. increased its stake in Schwab U.S. REIT ETF by 4.8% in the 2nd quarter. Sensible Financial Planning & Management LLC. now owns 347,140 shares of the company’s stock valued at $6,932,000 after buying an additional 16,046 shares during the last quarter. Finally, Pure Financial Advisors LLC lifted its position in Schwab U.S. REIT ETF by 1.6% during the 2nd quarter. Pure Financial Advisors LLC now owns 186,599 shares of the company’s stock worth $3,726,000 after buying an additional 2,982 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH remained flat at $21.87 during mid-day trading on Tuesday. The stock had a trading volume of 2,499,515 shares, compared to its average volume of 3,269,043. The company has a 50 day moving average price of $20.71 and a 200-day moving average price of $20.02. The company has a market cap of $6.94 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 12 month low of $16.63 and a 12 month high of $21.92.

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.