Christensen King & Associates Investment Services Inc. Sells 1,562 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Christensen King & Associates Investment Services Inc. lessened its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,063 shares of the company’s stock after selling 1,562 shares during the period. Christensen King & Associates Investment Services Inc.’s holdings in Schwab U.S. REIT ETF were worth $761,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Asset Dedication LLC grew its stake in Schwab U.S. REIT ETF by 36.9% during the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after buying an additional 445 shares during the last quarter. Blue Trust Inc. acquired a new stake in Schwab U.S. REIT ETF in the 3rd quarter valued at about $39,000. GSB Wealth Management LLC bought a new position in Schwab U.S. REIT ETF in the 3rd quarter worth approximately $42,000. West Oak Capital LLC raised its position in shares of Schwab U.S. REIT ETF by 794.9% during the fourth quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock worth $47,000 after acquiring an additional 20,954 shares during the last quarter. Finally, AlphaCore Capital LLC increased its position in Schwab U.S. REIT ETF by 329.7% in the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock worth $58,000 after purchasing an additional 1,912 shares during the period.

Schwab U.S. REIT ETF Trading Up 1.3 %

Shares of NYSEARCA SCHH opened at $20.47 on Tuesday. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66. The firm’s 50-day moving average is $21.87 and its 200-day moving average is $22.00. The firm has a market capitalization of $6.50 billion, a PE ratio of 26.49 and a beta of 0.97.

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.