Wealthfront Advisers LLC Invests $15.73 Million in Schwab U.S. REIT ETF $SCHH

Wealthfront Advisers LLC acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 170,462 shares of the company’s stock, valued at approximately $15,729,000.

A number of other institutional investors have also modified their holdings of SCHH. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the 2nd quarter worth approximately $41,000. Persistent Asset Partners Ltd acquired a new position in Schwab U.S. REIT ETF during the second quarter valued at approximately $66,000. Strategic Wealth Advisors LLC purchased a new stake in Schwab U.S. REIT ETF during the second quarter worth approximately $71,000. Palisade Asset Management LLC purchased a new stake in Schwab U.S. REIT ETF during the third quarter worth approximately $25,000. Finally, Horizon Investments LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter worth $25,000.

Schwab U.S. REIT ETF Stock Down 0.4%

Schwab U.S. REIT ETF stock opened at $23.84 on Wednesday. The firm has a fifty day moving average of $24.08 and a 200-day moving average of $23.18. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The firm has a market capitalization of $11.27 billion, a P/E ratio of 34.50 and a beta of 0.94.

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.