Fmr LLC Acquires 24,596,367 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Fmr LLC raised its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 49,667.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,645,889 shares of the company’s stock after purchasing an additional 24,596,367 shares during the quarter. Fmr LLC owned 7.77% of Schwab U.S. REIT ETF worth $571,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Comerica Bank raised its stake in shares of Schwab U.S. REIT ETF by 85.7% in the first quarter. Comerica Bank now owns 20,670 shares of the company’s stock valued at $420,000 after acquiring an additional 9,538 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Schwab U.S. REIT ETF in the first quarter valued at $4,019,000. Abich Financial Wealth Management LLC raised its stake in shares of Schwab U.S. REIT ETF by 8,463.2% in the first quarter. Abich Financial Wealth Management LLC now owns 1,627 shares of the company’s stock valued at $33,000 after acquiring an additional 1,608 shares during the period. Appleton Partners Inc. MA raised its stake in shares of Schwab U.S. REIT ETF by 0.9% in the second quarter. Appleton Partners Inc. MA now owns 201,144 shares of the company’s stock valued at $4,017,000 after acquiring an additional 1,811 shares during the period. Finally, FC Advisory LLC raised its stake in shares of Schwab U.S. REIT ETF by 3.4% in the second quarter. FC Advisory LLC now owns 74,066 shares of the company’s stock valued at $1,479,000 after acquiring an additional 2,459 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH stock opened at $23.26 on Friday. The company has a market capitalization of $7.38 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66. The firm’s 50-day moving average is $22.74 and its 200 day moving average is $21.59.

Schwab U.S. REIT ETF Company 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.