US Bancorp DE Boosts Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

US Bancorp DE boosted its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,594,397 shares of the company’s stock after acquiring an additional 319,666 shares during the quarter. Schwab U.S. REIT ETF accounts for 0.8% of US Bancorp DE’s portfolio, making the stock its 25th biggest holding. US Bancorp DE owned 8.70% of Schwab U.S. REIT ETF worth $639,366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHH. Charles Schwab Investment Advisory Inc. increased its position in Schwab U.S. REIT ETF by 2.8% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock worth $1,093,377,000 after buying an additional 1,472,209 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in Schwab U.S. REIT ETF in the second quarter worth about $23,895,000. BlueSky Wealth Advisors LLC purchased a new stake in Schwab U.S. REIT ETF in the second quarter worth about $16,001,000. Pure Portfolios Holdings LLC purchased a new stake in Schwab U.S. REIT ETF in the third quarter worth about $12,535,000. Finally, Elm Partners Management LLC increased its position in Schwab U.S. REIT ETF by 272.8% in the second quarter. Elm Partners Management LLC now owns 667,756 shares of the company’s stock worth $13,335,000 after buying an additional 488,647 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH traded down $0.12 during mid-day trading on Thursday, reaching $22.59. The company’s stock had a trading volume of 1,175,339 shares, compared to its average volume of 3,561,178. The firm has a market capitalization of $7.17 billion, a PE ratio of 26.49 and a beta of 0.97. The stock has a fifty day moving average of $22.85 and a two-hundred day moving average of $21.08. Schwab U.S. REIT ETF has a 52 week low of $16.86 and a 52 week high of $23.66.

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.