Lake Street Advisors Group LLC Sells 209,567 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Lake Street Advisors Group LLC reduced its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 85.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,669 shares of the company’s stock after selling 209,567 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Schwab U.S. REIT ETF were worth $826,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Human Investing LLC grew its position in Schwab U.S. REIT ETF by 14.1% during the 2nd quarter. Human Investing LLC now owns 23,152 shares of the company’s stock worth $462,000 after acquiring an additional 2,867 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab U.S. REIT ETF by 3.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 483,883 shares of the company’s stock valued at $9,663,000 after acquiring an additional 17,422 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Schwab U.S. REIT ETF during the second quarter valued at $263,000. Nwam LLC grew its holdings in Schwab U.S. REIT ETF by 26.6% during the first quarter. Nwam LLC now owns 19,818 shares of the company’s stock valued at $399,000 after purchasing an additional 4,168 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of Schwab U.S. REIT ETF by 1,042.1% during the second quarter. Fifth Third Bancorp now owns 7,378 shares of the company’s stock worth $147,000 after acquiring an additional 6,732 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $22.76 on Friday. Schwab U.S. REIT ETF has a 1 year low of $16.63 and a 1 year high of $23.66. The company has a market cap of $7.22 billion, a P/E ratio of 26.49 and a beta of 0.97. The stock’s fifty day moving average price is $22.80 and its two-hundred day moving average price is $21.00.

About Schwab U.S. REIT ETF

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.