Bank of New York Mellon Corp Grows Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Bank of New York Mellon Corp lifted its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 71.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,352 shares of the company’s stock after acquiring an additional 13,921 shares during the period. Bank of New York Mellon Corp’s holdings in Schwab U.S. REIT ETF were worth $702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Human Investing LLC raised its holdings in Schwab U.S. REIT ETF by 2.1% in the 4th quarter. Human Investing LLC now owns 23,894 shares of the company’s stock valued at $503,000 after acquiring an additional 487 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Schwab U.S. REIT ETF by 3.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 15,987 shares of the company’s stock valued at $366,000 after purchasing an additional 530 shares in the last quarter. Perissos Private Wealth Management LLC increased its holdings in shares of Schwab U.S. REIT ETF by 3.4% in the fourth quarter. Perissos Private Wealth Management LLC now owns 17,023 shares of the company’s stock valued at $359,000 after purchasing an additional 553 shares during the last quarter. Braun Bostich & Associates Inc. lifted its position in Schwab U.S. REIT ETF by 0.8% during the fourth quarter. Braun Bostich & Associates Inc. now owns 73,288 shares of the company’s stock worth $1,543,000 after buying an additional 598 shares in the last quarter. Finally, Lodestar Private Asset Management LLC boosted its stake in Schwab U.S. REIT ETF by 2.9% during the fourth quarter. Lodestar Private Asset Management LLC now owns 23,718 shares of the company’s stock worth $499,000 after buying an additional 664 shares during the last quarter.

Schwab U.S. REIT ETF Trading Up 0.5 %

Schwab U.S. REIT ETF stock opened at $21.32 on Thursday. The stock has a market cap of $7.48 billion, a P/E ratio of 32.19 and a beta of 1.06. The company has a 50-day moving average price of $21.50 and a 200 day moving average price of $22.02. Schwab U.S. REIT ETF has a 12-month low of $18.45 and a 12-month high of $23.66.

Schwab U.S. REIT ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.0985 per share. The ex-dividend date of this dividend 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.