Schwab U.S. REIT ETF $SCHH Shares Acquired by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lifted its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1,474.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 162,024 shares of the company’s stock after buying an additional 151,735 shares during the quarter. Schwab U.S. REIT ETF accounts for approximately 1.0% of Brand Asset Management Group Inc.’s holdings, making the stock its 23rd largest holding. Brand Asset Management Group Inc.’s holdings in Schwab U.S. REIT ETF were worth $3,495,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in Schwab U.S. REIT ETF in the third quarter valued at approximately $26,000. Cullen Frost Bankers Inc. grew its holdings in Schwab U.S. REIT ETF by 73.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock valued at $27,000 after purchasing an additional 538 shares in the last quarter. NewEdge Advisors LLC increased its stake in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares during the period. Cloud Capital Management LLC acquired a new position in Schwab U.S. REIT ETF in the 3rd quarter worth $32,000. Finally, Johnson Financial Group Inc. acquired a new position in Schwab U.S. REIT ETF in the 2nd quarter worth $51,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $23.03 on Friday. Schwab U.S. REIT ETF has a 1-year low of $18.25 and a 1-year high of $23.21. The stock has a market cap of $9.80 billion, a P/E ratio of 34.50 and a beta of 0.99. The firm has a 50-day moving average of $21.68 and a two-hundred day moving average of $21.43.

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.