Commonwealth Equity Services LLC Raises Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Commonwealth Equity Services LLC increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 23.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,647 shares of the company’s stock after buying an additional 9,399 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Schwab U.S. REIT ETF were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHH. US Bancorp DE grew its stake in shares of Schwab U.S. REIT ETF by 3.1% during the fourth quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after acquiring an additional 850,612 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in Schwab U.S. REIT ETF by 9,727.8% in the 3rd quarter. Benjamin Edwards Inc. now owns 856,099 shares of the company’s stock worth $19,834,000 after purchasing an additional 847,388 shares in the last quarter. Tradewinds Capital Management LLC grew its position in Schwab U.S. REIT ETF by 910,294.5% during the 4th quarter. Tradewinds Capital Management LLC now owns 500,717 shares of the company’s stock worth $10,545,000 after purchasing an additional 500,662 shares during the last quarter. HighTower Advisors LLC increased its stake in Schwab U.S. REIT ETF by 223.9% during the 3rd quarter. HighTower Advisors LLC now owns 584,344 shares of the company’s stock valued at $13,535,000 after purchasing an additional 403,932 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Schwab U.S. REIT ETF in the third quarter worth $7,007,000.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH opened at $21.51 on Tuesday. The company’s fifty day moving average price is $21.51 and its 200-day moving average price is $21.98. 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 market capitalization of $7.54 billion, a PE ratio of 32.19 and a beta of 1.06.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0985 per share. The ex-dividend date was 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.