Assetmark Inc. Buys 2,319 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Assetmark Inc. lifted its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 311.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,064 shares of the company’s stock after acquiring an additional 2,319 shares during the quarter. Assetmark Inc.’s holdings in Schwab U.S. REIT ETF were worth $65,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Stifel Financial Corp grew its holdings in Schwab U.S. REIT ETF by 6.5% during the 3rd quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock worth $781,000 after acquiring an additional 2,044 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Schwab U.S. REIT ETF by 190.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock worth $1,767,000 after purchasing an additional 50,060 shares during the period. Johnson Financial Group LLC boosted its stake in shares of Schwab U.S. REIT ETF by 32.3% during the fourth quarter. Johnson Financial Group LLC now owns 105,772 shares of the company’s stock valued at $2,228,000 after purchasing an additional 25,822 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at approximately $694,000. Finally, Orion Portfolio Solutions LLC raised its stake in Schwab U.S. REIT ETF by 19.4% in the third quarter. Orion Portfolio Solutions LLC now owns 43,780 shares of the company’s stock worth $1,014,000 after buying an additional 7,108 shares in the last quarter.

Schwab U.S. REIT ETF Stock Up 1.9 %

Schwab U.S. REIT ETF stock opened at $21.28 on Friday. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66. The business has a fifty day moving average of $21.36 and a two-hundred day moving average of $22.08. The firm has a market cap of $7.46 billion, a P/E ratio of 32.19 and a beta of 1.06.

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.