Altfest L J & Co. Inc. Reduces Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Altfest L J & Co. Inc. lowered its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 14.8% in the 4th quarter, Holdings Channel reports. The firm owned 36,198 shares of the company’s stock after selling 6,289 shares during the quarter. Altfest L J & Co. Inc.’s holdings in Schwab U.S. REIT ETF were worth $750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. grew its holdings in Schwab U.S. REIT ETF by 4.1% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock worth $912,403,000 after acquiring an additional 2,010,996 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in Schwab U.S. REIT ETF by 4.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock worth $840,604,000 after buying an additional 1,921,502 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab U.S. REIT ETF by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after buying an additional 1,633,614 shares during the last quarter. US Bancorp DE raised its stake in shares of Schwab U.S. REIT ETF by 3.7% during the 3rd quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock worth $434,290,000 after acquiring an additional 882,861 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Schwab U.S. REIT ETF in the third quarter valued at approximately $105,854,000.

Schwab U.S. REIT ETF Stock Performance

SCHH stock traded up $0.09 on Thursday, hitting $20.26. 1,464,264 shares of the company’s stock were exchanged, compared to its average volume of 3,174,194. The firm has a 50 day moving average price of $19.94 and a two-hundred day moving average price of $19.23. The stock has a market cap of $6.13 billion, a P/E ratio of 29.86 and a beta of 0.92. Schwab U.S. REIT ETF has a 12-month low of $16.63 and a 12-month high of $20.95.

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.