Elevation Wealth Partners LLC Trims Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Elevation Wealth Partners LLC trimmed its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 179,366 shares of the company’s stock after selling 9,363 shares during the period. Schwab U.S. REIT ETF accounts for 1.6% of Elevation Wealth Partners LLC’s holdings, making the stock its 14th biggest holding. Elevation Wealth Partners LLC’s holdings in Schwab U.S. REIT ETF were worth $3,777,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stockman Wealth Management Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 24.7% in the fourth quarter. Stockman Wealth Management Inc. now owns 42,010 shares of the company’s stock worth $885,000 after buying an additional 8,325 shares during the last quarter. Thompson Investment Management Inc. lifted its holdings in Schwab U.S. REIT ETF by 7.6% in the fourth quarter. Thompson Investment Management Inc. now owns 13,535 shares of the company’s stock valued at $285,000 after acquiring an additional 951 shares during the period. Kingsview Wealth Management LLC boosted its position in Schwab U.S. REIT ETF by 499.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 192,186 shares of the company’s stock worth $4,047,000 after purchasing an additional 160,138 shares in the last quarter. Apollon Wealth Management LLC grew its stake in shares of Schwab U.S. REIT ETF by 1.3% during the 4th quarter. Apollon Wealth Management LLC now owns 1,085,766 shares of the company’s stock worth $22,866,000 after purchasing an additional 14,188 shares during the period. Finally, Apollon Financial LLC grew its stake in shares of Schwab U.S. REIT ETF by 14.9% during the 4th quarter. Apollon Financial LLC now owns 60,016 shares of the company’s stock worth $1,264,000 after purchasing an additional 7,770 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $21.49 on Monday. The firm has a fifty day moving average price of $21.34 and a 200 day moving average price of $22.09. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66. The stock has a market cap of $6.82 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.