Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Peloton Wealth Strategists

Peloton Wealth Strategists lowered its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,065 shares of the company’s stock after selling 737 shares during the period. Peloton Wealth Strategists’ holdings in Schwab U.S. REIT ETF were worth $1,519,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Mather Group LLC. increased its position in shares of Schwab U.S. REIT ETF by 5,211.1% in the second quarter. Mather Group LLC. now owns 1,434 shares of the company’s stock worth $29,000 after acquiring an additional 1,407 shares in the last quarter. Abich Financial Wealth Management LLC increased its position in shares of Schwab U.S. REIT ETF by 8,463.2% in the first quarter. Abich Financial Wealth Management LLC now owns 1,627 shares of the company’s stock worth $33,000 after acquiring an additional 1,608 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Schwab U.S. REIT ETF by 386.3% in the second quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock worth $36,000 after acquiring an additional 1,414 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the second quarter worth approximately $41,000. Finally, LifeSteps Financial Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the first quarter worth approximately $73,000.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $23.01 on Friday. The firm’s 50 day simple moving average is $22.23 and its 200-day simple moving average is $20.60. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $23.66. The company has a market cap of $7.30 billion, a P/E ratio of 26.49 and a beta of 0.97.

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.