Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 23.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,647 shares of the company’s stock after acquiring an additional 9,399 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Schwab U.S. REIT ETF were worth $1,046,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Stifel Financial Corp boosted its holdings in Schwab U.S. REIT ETF by 6.5% in the third quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock valued at $781,000 after purchasing an additional 2,044 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Schwab U.S. REIT ETF by 190.9% in the third quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock worth $1,767,000 after buying an additional 50,060 shares during the last quarter. Johnson Financial Group LLC grew its holdings in Schwab U.S. REIT ETF by 32.3% during the fourth quarter. Johnson Financial Group LLC now owns 105,772 shares of the company’s stock worth $2,228,000 after acquiring an additional 25,822 shares during the period. Strategic Financial Concepts LLC purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at approximately $694,000. Finally, Orion Portfolio Solutions LLC lifted its holdings in Schwab U.S. REIT ETF by 19.4% in the third quarter. Orion Portfolio Solutions LLC now owns 43,780 shares of the company’s stock valued at $1,014,000 after acquiring an additional 7,108 shares during the period.

Schwab U.S. REIT ETF Trading Up 1.0 %

Schwab U.S. REIT ETF stock opened at $21.51 on Tuesday. The firm has a market cap of $7.54 billion, a PE ratio of 32.19 and a beta of 1.06. The stock’s 50 day simple moving average is $21.51 and its two-hundred day simple moving average is $21.98. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0985 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.