Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 4,017,116 shares of the company’s stock, valued at approximately $370,659,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Horizon Investments LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter worth about $25,000. Palisade Asset Management LLC bought a new stake in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at about $25,000. Gilpin Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the fourth quarter worth about $25,000. NewEdge Advisors LLC grew its holdings in shares of Schwab U.S. REIT ETF by 313.8% during 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 in the last quarter. Finally, Asset Dedication LLC increased its position in shares of Schwab U.S. REIT ETF by 47.0% in the first quarter. Asset Dedication LLC now owns 1,771 shares of the company’s stock worth $38,000 after purchasing an additional 566 shares during the last quarter.
Schwab U.S. REIT ETF Price Performance
Shares of SCHH opened at $23.93 on Tuesday. The firm’s 50 day simple moving average is $24.08 and its 200 day simple moving average is $23.16. The company has a market capitalization of $11.32 billion, a P/E 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.
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.
Featured Stories
- Five stocks we like better than Schwab U.S. REIT ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report).
Receive News & Ratings for Schwab U.S. REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
