The Manufacturers Life Insurance Company Purchases New Position in Schwab U.S. REIT ETF $SCHH

The Manufacturers Life Insurance Company purchased a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,627,988 shares of the company’s stock, valued at approximately $150,214,000. The Manufacturers Life Insurance Company owned 0.34% of Schwab U.S. REIT ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Horizon Investments LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $25,000. Palisade Asset Management LLC purchased a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at approximately $25,000. Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF in the 4th quarter valued at $25,000. NewEdge Advisors LLC boosted its holdings in 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 buying an additional 1,004 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in Schwab U.S. REIT ETF during the second quarter worth $30,000.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $24.18 on Tuesday. The firm has a market cap of $11.43 billion, a PE ratio of 34.50 and a beta of 0.94. The firm’s fifty day moving average is $24.08 and its 200 day moving average is $23.26. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03.

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.