Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. cut its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 363,799 shares of the company’s stock after selling 24,198 shares during the period. Schwab U.S. REIT ETF makes up 2.8% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 13th biggest holding. Wealth Management Resources Inc. owned 0.11% of Schwab U.S. REIT ETF worth $7,662,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE raised its stake in shares of Schwab U.S. REIT ETF by 1.2% during the third quarter. US Bancorp DE now owns 27,594,397 shares of the company’s stock worth $639,366,000 after purchasing an additional 319,666 shares during the last quarter. FMR LLC increased its stake in Schwab U.S. REIT ETF by 49,667.6% in the 3rd quarter. FMR LLC now owns 24,645,889 shares of the company’s stock valued at $571,045,000 after buying an additional 24,596,367 shares during the period. Cerity Partners LLC raised its position in Schwab U.S. REIT ETF by 15.5% during the 3rd quarter. Cerity Partners LLC now owns 3,294,126 shares of the company’s stock worth $76,325,000 after buying an additional 442,762 shares during the last quarter. Rational Advisors LLC raised its position in Schwab U.S. REIT ETF by 12.8% during the 3rd quarter. Rational Advisors LLC now owns 1,963,100 shares of the company’s stock worth $45,485,000 after buying an additional 222,456 shares during the last quarter. Finally, Charles Schwab Trust Co lifted its stake in shares of Schwab U.S. REIT ETF by 5.9% in the 4th quarter. Charles Schwab Trust Co now owns 1,083,343 shares of the company’s stock worth $22,815,000 after acquiring an additional 60,044 shares during the period.

Schwab U.S. REIT ETF Stock Up 0.4 %

Shares of Schwab U.S. REIT ETF stock opened at $21.33 on Friday. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $18.45 and a 52-week high of $23.66. The company’s 50-day simple moving average is $21.64 and its 200-day simple moving average is $22.05.

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.