Financial Counselors Inc. Has $2.78 Million Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Financial Counselors Inc. lessened its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,879 shares of the company’s stock after selling 11,958 shares during the quarter. Financial Counselors Inc.’s holdings in Schwab U.S. REIT ETF were worth $2,777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. JNBA Financial Advisors bought a new position in Schwab U.S. REIT ETF during the fourth quarter worth about $28,000. CENTRAL TRUST Co bought a new position in Schwab U.S. REIT ETF during the 4th quarter valued at about $30,000. Sound Income Strategies LLC lifted its holdings in Schwab U.S. REIT ETF by 266.9% during the 4th quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock valued at $59,000 after purchasing an additional 2,026 shares during the last quarter. Assetmark Inc. boosted its position in Schwab U.S. REIT ETF by 311.3% in the fourth quarter. Assetmark Inc. now owns 3,064 shares of the company’s stock valued at $65,000 after buying an additional 2,319 shares in the last quarter. Finally, JDM Financial Group LLC bought a new stake in Schwab U.S. REIT ETF during the third quarter worth about $75,000.

Schwab U.S. REIT ETF Trading Down 0.2 %

NYSEARCA:SCHH opened at $21.27 on Friday. The stock has a market capitalization of $7.46 billion, a P/E ratio of 32.19 and a beta of 1.06. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66. The firm has a 50 day moving average of $21.50 and a 200-day moving average of $22.02.

Schwab U.S. REIT ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be paid a $0.0985 dividend. The ex-dividend date is Wednesday, March 26th.

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.