Friedenthal Financial Cuts Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Friedenthal Financial reduced its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,854 shares of the company’s stock after selling 1,119 shares during the quarter. Friedenthal Financial’s holdings in Schwab U.S. REIT ETF were worth $596,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Gradient Investments LLC grew its position in Schwab U.S. REIT ETF by 63,700.0% during the first quarter. Gradient Investments LLC now owns 1,276 shares of the company’s stock worth $26,000 after buying an additional 1,274 shares during the period. Mather Group LLC. grew its holdings in shares of Schwab U.S. REIT ETF by 5,211.1% in the 2nd quarter. Mather Group LLC. now owns 1,434 shares of the company’s stock worth $29,000 after acquiring an additional 1,407 shares during the period. Larson Financial Group LLC grew its holdings in shares of Schwab U.S. REIT ETF by 84.2% in the 4th quarter. Larson Financial Group LLC now owns 1,483 shares of the company’s stock worth $31,000 after acquiring an additional 678 shares during the period. Abich Financial Wealth Management LLC increased its stake in Schwab U.S. REIT ETF by 8,463.2% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,627 shares of the company’s stock valued at $33,000 after purchasing an additional 1,608 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC acquired a new position in Schwab U.S. REIT ETF during the fourth quarter worth $37,000.

Schwab U.S. REIT ETF Price Performance

SCHH traded up $0.16 during trading on Tuesday, reaching $21.69. 2,464,875 shares of the stock were exchanged, compared to its average volume of 3,292,206. The company has a market capitalization of $6.88 billion, a price-to-earnings 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 $21.91. The business’s 50 day moving average price is $20.52 and its two-hundred day moving average price is $19.96.

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.