Private Advisor Group LLC Reduces Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Private Advisor Group LLC trimmed its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 21.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,193 shares of the company’s stock after selling 10,861 shares during the period. Private Advisor Group LLC’s holdings in Schwab U.S. REIT ETF were worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at $41,000. Foster & Motley Inc. grew its holdings in Schwab U.S. REIT ETF by 1.8% during the 2nd quarter. Foster & Motley Inc. now owns 918,173 shares of the company’s stock valued at $18,336,000 after buying an additional 16,114 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Schwab U.S. REIT ETF by 386.3% during the second quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock valued at $36,000 after buying an additional 1,414 shares during the period. Jackson Creek Investment Advisors LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 9.7% in the second quarter. Jackson Creek Investment Advisors LLC now owns 142,187 shares of the company’s stock worth $2,839,000 after buying an additional 12,559 shares in the last quarter. Finally, Legacy Capital Wealth Partners LLC bought a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $280,000.

Schwab U.S. REIT ETF Trading Up 0.3 %

Schwab U.S. REIT ETF stock opened at $23.53 on Tuesday. Schwab U.S. REIT ETF has a 1-year low of $16.63 and a 1-year high of $23.60. The firm has a market capitalization of $7.47 billion, a PE ratio of 26.49 and a beta of 0.97. The firm’s 50 day simple moving average is $21.83 and its 200 day simple moving average is $20.44.

Schwab U.S. REIT ETF Company 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.