JMG Financial Group Ltd. Cuts Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

JMG Financial Group Ltd. lessened its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 12.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,125 shares of the company’s stock after selling 17,143 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab U.S. REIT ETF were worth $2,467,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter valued at approximately $105,854,000. Cerity Partners LLC increased its holdings in Schwab U.S. REIT ETF by 165.7% during the 4th quarter. Cerity Partners LLC now owns 5,910,260 shares of the company’s stock worth $122,401,000 after purchasing an additional 3,685,437 shares during the period. Charles Schwab Investment Advisory Inc. increased its holdings in Schwab U.S. REIT ETF by 4.1% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock worth $912,403,000 after purchasing an additional 2,010,996 shares during the period. Financial Engines Advisors L.L.C. increased its holdings in Schwab U.S. REIT ETF by 4.2% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock worth $840,604,000 after purchasing an additional 1,921,502 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Schwab U.S. REIT ETF by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock worth $450,284,000 after purchasing an additional 1,633,614 shares during the period.

Schwab U.S. REIT ETF Stock Performance

SCHH traded down $0.20 during trading on Thursday, hitting $18.76. 139,233 shares of the stock were exchanged, compared to its average volume of 3,400,450. The firm has a 50 day simple moving average of $19.77 and a 200 day simple moving average of $19.40. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99. Schwab U.S. REIT ETF has a 1 year low of $16.63 and a 1 year high of $20.95.

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.