Watershed Private Wealth LLC Sells 12,704 Shares of Schwab U.S. REIT ETF $SCHH

Watershed Private Wealth LLC cut its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 34.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,124 shares of the company’s stock after selling 12,704 shares during the quarter. Watershed Private Wealth LLC’s holdings in Schwab U.S. REIT ETF were worth $510,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Webster Bank N. A. bought a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $26,000. NewEdge Advisors LLC raised its holdings in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after acquiring an additional 1,004 shares during the period. Howe & Rusling Inc. lifted its position in shares of Schwab U.S. REIT ETF by 196.8% during the first quarter. Howe & Rusling Inc. now owns 1,594 shares of the company’s stock worth $34,000 after acquiring an additional 1,057 shares in the last quarter. Abound Wealth Management lifted its position in shares of Schwab U.S. REIT ETF by 569.7% during the second quarter. Abound Wealth Management now owns 1,942 shares of the company’s stock worth $41,000 after acquiring an additional 1,652 shares in the last quarter. Finally, GSB Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the first quarter worth $42,000.

Schwab U.S. REIT ETF Stock Down 0.2%

Shares of NYSEARCA SCHH opened at $21.29 on Wednesday. The company has a market cap of $8.29 billion, a P/E ratio of 34.50 and a beta of 0.92. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.42. The business has a 50-day simple moving average of $21.32 and a two-hundred day simple moving average of $21.14.

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.