Schwab U.S. REIT ETF (NYSEARCA:SCHH – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 530,539 shares, a drop of 55.9% from the August 15th total of 1,203,229 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,338,258 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of Schwab U.S. REIT ETF
Several large investors have recently added to or reduced their stakes in the business. Dumac Inc. bought a new position in Schwab U.S. REIT ETF in the fourth quarter worth approximately $163,918,000. Financial Engines Advisors L.L.C. grew its position in shares of Schwab U.S. REIT ETF by 5.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock valued at $1,254,245,000 after acquiring an additional 2,964,924 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Schwab U.S. REIT ETF by 420.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock worth $37,405,000 after purchasing an additional 1,400,776 shares in the last quarter. Waverly Advisors LLC raised its holdings in Schwab U.S. REIT ETF by 2,599.4% in the 1st quarter. Waverly Advisors LLC now owns 746,140 shares of the company’s stock worth $16,035,000 after purchasing an additional 718,499 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in Schwab U.S. REIT ETF by 6.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after purchasing an additional 557,970 shares in the last quarter.
Schwab U.S. REIT ETF Trading Down 0.4%
SCHH stock traded down $0.09 during trading on Monday, reaching $23.11. The stock had a trading volume of 3,373,472 shares, compared to its average volume of 7,498,016. The firm has a market cap of $10.93 billion, a PE ratio of 34.50 and a beta of 0.93. The stock’s 50 day moving average is $24.01 and its two-hundred day moving average is $23.37. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03.
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.
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