750,000 Shares in Schwab U.S. REIT ETF $SCHH Acquired by Paralel Advisors LLC

Paralel Advisors LLC purchased a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 750,000 shares of the company’s stock, valued at approximately $69,202,000. Schwab U.S. REIT ETF accounts for about 2.7% of Paralel Advisors LLC’s holdings, making the stock its 10th largest holding. Paralel Advisors LLC owned approximately 0.16% of Schwab U.S. REIT ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP purchased a new stake in Schwab U.S. REIT ETF during the second quarter worth approximately $4,775,000. Greenspring Advisors LLC acquired a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at $401,000. B. Metzler seel. Sohn & Co. AG purchased a new stake in Schwab U.S. REIT ETF during the 2nd quarter worth $19,021,000. NFJ Investment Group LLC purchased a new stake in Schwab U.S. REIT ETF during the 2nd quarter worth $85,532,000. Finally, Virtus Advisers LLC acquired a new stake in Schwab U.S. REIT ETF in the 2nd quarter valued at $122,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $24.06 on Friday. The business’s 50-day moving average is $24.08 and its two-hundred day moving average is $23.22. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03. The firm has a market capitalization of $11.38 billion, a PE ratio of 34.50 and a beta of 0.94.

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.