Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $24.39 and last traded at $24.38, with a volume of 592146 shares trading hands. The stock had previously closed at $24.01.
Schwab U.S. REIT ETF Stock Up 1.9%
The stock has a market cap of $11.55 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The stock has a 50 day simple moving average of $23.69 and a 200 day simple moving average of $22.66.
Hedge Funds Weigh In On Schwab U.S. REIT ETF
Institutional investors have recently bought and sold shares of the company. Dumac Inc. purchased a new position in Schwab U.S. REIT ETF in the 4th quarter valued at approximately $163,918,000. Financial Engines Advisors L.L.C. grew its stake in shares of Schwab U.S. REIT ETF by 5.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after purchasing an additional 2,964,924 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Schwab U.S. REIT ETF by 420.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock worth $37,405,000 after purchasing an additional 1,400,776 shares in the last quarter. M&T Bank Corp purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at $21,860,000. Finally, Waverly Advisors LLC grew its holdings in shares of Schwab U.S. REIT ETF by 2,599.4% during the first quarter. Waverly Advisors LLC now owns 746,140 shares of the company’s stock valued at $16,035,000 after buying an additional 718,499 shares during the last quarter.
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.
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