Schwab U.S. REIT ETF $SCHH Stock Position Lifted by Dumac Inc.

Dumac Inc. increased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,929,093 shares of the company’s stock after acquiring an additional 82,351 shares during the quarter. Schwab U.S. REIT ETF comprises 20.8% of Dumac Inc.’s holdings, making the stock its 2nd biggest position. Dumac Inc.’s holdings in Schwab U.S. REIT ETF were worth $170,396,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Manning & Napier Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF by 44.4% during the first quarter. Manning & Napier Advisors LLC now owns 709,478 shares of the company’s stock valued at $15,247,000 after acquiring an additional 218,099 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Schwab U.S. REIT ETF by 58.4% in the first quarter. Kestra Advisory Services LLC now owns 10,324 shares of the company’s stock valued at $222,000 after purchasing an additional 3,808 shares during the period. Money Concepts Capital Corp purchased a new position in shares of Schwab U.S. REIT ETF in the first quarter worth about $693,000. Greenwood Capital Associates LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 24.7% during the first quarter. Greenwood Capital Associates LLC now owns 32,003 shares of the company’s stock worth $688,000 after purchasing an additional 6,341 shares during the period. Finally, Flatrock Wealth Partners LLC purchased a new stake in Schwab U.S. REIT ETF in the first quarter valued at approximately $3,192,000.

Schwab U.S. REIT ETF Trading Up 0.4%

SCHH opened at $23.89 on Friday. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $24.32. The firm has a 50 day moving average of $23.65 and a two-hundred day moving average of $22.58. The firm has a market capitalization of $11.22 billion, a PE ratio of 34.50 and a beta of 0.94.

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.