Belpointe Asset Management LLC Buys New Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Belpointe Asset Management LLC bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Get Rating) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,486 shares of the company’s stock, valued at approximately $87,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHH. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth about $29,000. Tevis Investment Management acquired a new position in Schwab U.S. REIT ETF during the fourth quarter worth approximately $397,000. Appleton Partners Inc. MA lifted its stake in Schwab U.S. REIT ETF by 4.0% in the fourth quarter. Appleton Partners Inc. MA now owns 173,869 shares of the company’s stock valued at $3,354,000 after buying an additional 6,751 shares during the last quarter. WMS Partners LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 236.4% in the fourth quarter. WMS Partners LLC now owns 50,084 shares of the company’s stock valued at $966,000 after acquiring an additional 35,194 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of Schwab U.S. REIT ETF by 19.9% during the third quarter. Larson Financial Group LLC now owns 3,455 shares of the company’s stock worth $65,000 after acquiring an additional 574 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 0.2 %

Shares of SCHH opened at $18.80 on Friday. The firm has a market cap of $5.57 billion, a PE ratio of 29.86 and a beta of 0.92. The company’s 50 day simple moving average is $19.12 and its 200-day simple moving average is $19.72. Schwab U.S. REIT ETF has a 12-month low of $17.33 and a 12-month high of $23.65.

Schwab U.S. REIT ETF Profile

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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.