Ariadne Wealth Management LP Makes New $301,000 Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Ariadne Wealth Management LP purchased a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,950 shares of the company’s stock, valued at approximately $301,000.

A number of other hedge funds also recently made changes to their positions in SCHH. Charles Schwab Investment Advisory Inc. increased its position in Schwab U.S. REIT ETF by 2.8% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock valued at $1,093,377,000 after purchasing an additional 1,472,209 shares during the period. US Bancorp DE increased its position in shares of Schwab U.S. REIT ETF by 4.6% during the second quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock worth $544,680,000 after buying an additional 1,201,620 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Schwab U.S. REIT ETF by 7.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock worth $136,549,000 after buying an additional 480,848 shares during the last quarter. Moisand Fitzgerald Tamayo LLC lifted its holdings in Schwab U.S. REIT ETF by 9.4% in the first quarter. Moisand Fitzgerald Tamayo LLC now owns 1,244,689 shares of the company’s stock valued at $25,267,000 after buying an additional 106,505 shares during the period. Finally, Hantz Financial Services Inc. acquired a new position in Schwab U.S. REIT ETF in the second quarter valued at $23,895,000.

Schwab U.S. REIT ETF Trading Up 0.7 %

Shares of Schwab U.S. REIT ETF stock opened at $23.17 on Tuesday. The business has a 50-day moving average price of $22.30 and a two-hundred day moving average price of $20.64. 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 $7.35 billion, a P/E ratio of 26.49 and a beta of 0.97.

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.