Alesco Advisors LLC Sells 4,490 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Alesco Advisors LLC lowered its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 7.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 55,450 shares of the company’s stock after selling 4,490 shares during the quarter. Alesco Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $1,285,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SCHH. Mather Group LLC. grew its position in Schwab U.S. REIT ETF by 5,211.1% during 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 last quarter. Abich Financial Wealth Management LLC lifted its position in 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 valued at $33,000 after purchasing an additional 1,608 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Schwab U.S. REIT ETF by 386.3% during the second quarter. Larson Financial Group LLC now owns 1,780 shares of the company’s stock valued at $36,000 after purchasing an additional 1,414 shares during the period. Asset Dedication LLC grew its holdings in shares of Schwab U.S. REIT ETF by 36.9% in the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares during the last quarter. Finally, Blue Trust Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the third quarter worth $39,000.

Schwab U.S. REIT ETF Stock Up 0.7 %

Shares of SCHH opened at $22.74 on Friday. The stock has a market capitalization of $7.22 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66. The firm has a fifty day simple moving average of $22.75 and a two-hundred day simple moving average of $21.48.

Schwab U.S. REIT ETF Company 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.