Private Advisor Group LLC Trims Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Private Advisor Group LLC decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) by 3.1% during the third quarter, Holdings Channel reports. The fund owned 38,964 shares of the company’s stock after selling 1,229 shares during the period. Private Advisor Group LLC’s holdings in Schwab U.S. REIT ETF were worth $903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHH. Pure Portfolios Holdings LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $12,535,000. Blue Trust Inc. purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $39,000. Stratos Wealth Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF by 6.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 279,013 shares of the company’s stock worth $6,465,000 after buying an additional 16,106 shares during the last quarter. Inspire Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $466,000. Finally, Secure Asset Management LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $324,000.

Schwab U.S. REIT ETF Stock Down 1.1 %

Schwab U.S. REIT ETF stock opened at $22.10 on Friday. The company has a market capitalization of $7.01 billion, a P/E ratio of 26.49 and a beta of 0.97. The stock’s 50 day moving average is $22.85 and its 200 day moving average is $21.11. Schwab U.S. REIT ETF has a twelve month low of $17.54 and a twelve month high of $23.66.

About Schwab U.S. REIT ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report).

Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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