NFJ Investment Group LLC Takes Position in Schwab U.S. REIT ETF $SCHH

NFJ Investment Group LLC bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 926,971 shares of the company’s stock, valued at approximately $85,532,000. Schwab U.S. REIT ETF makes up about 2.9% of NFJ Investment Group LLC’s investment portfolio, making the stock its 5th biggest position.

A number of other hedge funds also recently modified their holdings of SCHH. Mowery & Schoenfeld Wealth Management LLC bought a new position in Schwab U.S. REIT ETF in the 2nd quarter valued at about $41,000. Persistent Asset Partners Ltd bought a new stake in shares of Schwab U.S. REIT ETF during the 2nd quarter worth approximately $66,000. Strategic Wealth Advisors LLC bought a new stake in shares of Schwab U.S. REIT ETF during the 2nd quarter worth approximately $71,000. Palisade Asset Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the 3rd quarter worth approximately $25,000. Finally, Horizon Investments LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $25,000.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $24.06 on Friday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The stock has a market capitalization of $11.38 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The company’s 50 day simple moving average is $24.08 and its 200 day simple moving average is $23.22.

Schwab U.S. REIT ETF 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.