Grove Bank & Trust Raises Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Grove Bank & Trust raised its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 315.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,050 shares of the company’s stock after purchasing an additional 9,151 shares during the quarter. Grove Bank & Trust’s holdings in Schwab U.S. REIT ETF were worth $250,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SCHH. Charles Schwab Investment Advisory Inc. raised its position in Schwab U.S. REIT ETF by 4.1% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock valued at $912,403,000 after purchasing an additional 2,010,996 shares during the period. Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab U.S. REIT ETF by 4.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock valued at $840,604,000 after buying an additional 1,921,502 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 6.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after buying an additional 1,633,614 shares during the period. US Bancorp DE lifted its stake in Schwab U.S. REIT ETF by 3.7% during the 3rd quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock worth $434,290,000 after acquiring an additional 882,861 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Schwab U.S. REIT ETF during the 3rd quarter valued at about $105,854,000.

Schwab U.S. REIT ETF Stock Up 0.3 %

Shares of SCHH opened at $19.30 on Monday. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $20.95. The company has a market cap of $5.84 billion, a P/E ratio of 29.86 and a beta of 0.92. The firm’s 50 day moving average price is $19.91 and its 200 day moving average price is $19.34.

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.