Park Avenue Securities LLC Reduces Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Park Avenue Securities LLC decreased its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,722 shares of the company’s stock after selling 2,009 shares during the period. Park Avenue Securities LLC’s holdings in Schwab U.S. REIT ETF were worth $364,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Evergreen Capital Management LLC increased its position in Schwab U.S. REIT ETF by 1.6% during the second quarter. Evergreen Capital Management LLC now owns 29,934 shares of the company’s stock worth $603,000 after buying an additional 467 shares in the last quarter. Tempus Wealth Planning LLC increased its position in Schwab U.S. REIT ETF by 1.0% during the second quarter. Tempus Wealth Planning LLC now owns 55,126 shares of the company’s stock worth $1,101,000 after buying an additional 542 shares in the last quarter. Wakefield Asset Management LLLP boosted its holdings in shares of Schwab U.S. REIT ETF by 2.2% during the second quarter. Wakefield Asset Management LLLP now owns 29,371 shares of the company’s stock worth $587,000 after purchasing an additional 645 shares during the last quarter. Lodestar Private Asset Management LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 3.0% during the second quarter. Lodestar Private Asset Management LLC now owns 22,679 shares of the company’s stock worth $453,000 after purchasing an additional 654 shares during the last quarter. Finally, Glassy Mountain Advisors Inc. boosted its holdings in shares of Schwab U.S. REIT ETF by 0.7% during the second quarter. Glassy Mountain Advisors Inc. now owns 99,801 shares of the company’s stock worth $1,993,000 after purchasing an additional 709 shares during the last quarter.

Schwab U.S. REIT ETF Stock Up 0.9 %

SCHH stock opened at $22.52 on Friday. Schwab U.S. REIT ETF has a 52-week low of $16.63 and a 52-week high of $23.66. The stock’s fifty day simple moving average is $22.53 and its 200-day simple moving average is $20.80. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.