Modera Wealth Management LLC reduced its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 81.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,477 shares of the company’s stock after selling 70,552 shares during the period. Modera Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $354,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter valued at $25,000. Horizon Investments LLC purchased a new stake in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. Gilpin Wealth Management LLC purchased a new stake in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. Flagship Harbor Advisors LLC acquired a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth about $26,000. Finally, NewEdge Advisors LLC boosted its position in shares of 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 worth $28,000 after acquiring an additional 1,004 shares in the last quarter.
Schwab U.S. REIT ETF Stock Performance
SCHH opened at $24.50 on Tuesday. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $24.87. The company has a market cap of $11.57 billion, a P/E ratio of 34.50 and a beta of 0.94. The business’s 50-day simple moving average is $23.75 and its 200-day simple moving average is $22.74.
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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