Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 9.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 410,795 shares of the company’s stock after acquiring an additional 35,112 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab U.S. REIT ETF were worth $8,204,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Charles Schwab Investment Advisory Inc. raised its holdings in Schwab U.S. REIT ETF by 2.8% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock valued at $1,093,377,000 after acquiring an additional 1,472,209 shares in the last quarter. US Bancorp DE raised its holdings in shares of Schwab U.S. REIT ETF by 4.6% in the 2nd quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock valued at $544,680,000 after purchasing an additional 1,201,620 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Schwab U.S. REIT ETF by 7.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock worth $136,549,000 after purchasing an additional 480,848 shares during the last quarter. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Schwab U.S. REIT ETF by 9.4% during the first quarter. Moisand Fitzgerald Tamayo LLC now owns 1,244,689 shares of the company’s stock worth $25,267,000 after purchasing an additional 106,505 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in Schwab U.S. REIT ETF in the second quarter valued at $23,895,000.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $23.01 on Friday. The stock’s fifty day moving average is $22.23 and its two-hundred day moving average is $20.60. The stock has a market cap of $7.30 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 1-year low of $16.63 and a 1-year high of $23.66.

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.