Vestwell Advisors LLC Has $3.45 Million Stake in Schwab U.S. REIT ETF $SCHH

Vestwell Advisors LLC lessened its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 12.9% during the third quarter, HoldingsChannel.com reports. The firm owned 159,934 shares of the company’s stock after selling 23,677 shares during the quarter. Schwab U.S. REIT ETF makes up about 1.1% of Vestwell Advisors LLC’s holdings, making the stock its 11th biggest holding. Vestwell Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $3,450,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHH. Brighton Jones LLC bought a new position in Schwab U.S. REIT ETF during the 4th quarter worth $208,000. Royal Bank of Canada grew its holdings in shares of Schwab U.S. REIT ETF by 140.7% during the 1st quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock worth $2,732,000 after purchasing an additional 74,243 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Schwab U.S. REIT ETF by 16.5% in the first quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after purchasing an additional 3,222 shares during the period. NewEdge Advisors LLC increased its position in shares of Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the period. Finally, Jane Street Group LLC raised its stake in Schwab U.S. REIT ETF by 734.2% in the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock valued at $2,520,000 after purchasing an additional 103,094 shares in the last quarter.

Schwab U.S. REIT ETF Stock Down 1.5%

SCHH opened at $22.15 on Thursday. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $23.21. The company has a 50-day simple moving average of $22.11 and a 200 day simple moving average of $21.55. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99.

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.