Primecap Management Co. CA Takes Position in Schwab U.S. REIT ETF $SCHH

Primecap Management Co. CA acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 25,120,895 shares of the company’s stock, valued at approximately $2,317,905,000. Schwab U.S. REIT ETF accounts for 1.4% of Primecap Management Co. CA’s investment portfolio, making the stock its 17th biggest holding. Primecap Management Co. CA owned 0.05% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Odyssey Capital Advisors Inc. purchased a new position in Schwab U.S. REIT ETF in the fourth quarter valued at about $654,000. Hantz Financial Services Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 5.0% during the 4th quarter. Hantz Financial Services Inc. now owns 868,988 shares of the company’s stock worth $18,153,000 after acquiring an additional 41,738 shares in the last quarter. Texas Yale Capital Corp. grew its holdings in shares of Schwab U.S. REIT ETF by 43.4% in the 4th quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock worth $5,251,000 after acquiring an additional 76,023 shares during the period. Principal Securities Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 8.4% in the 4th quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock worth $13,344,000 after acquiring an additional 49,554 shares during the period. Finally, Advisors Capital Management LLC purchased a new position in Schwab U.S. REIT ETF in the 2nd quarter valued at approximately $12,200,000.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $24.21 on Wednesday. The stock has a fifty day moving average price of $24.09 and a 200 day moving average price of $23.28. The stock has a market cap of $11.45 billion, a PE ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03.

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.