EP Wealth Advisors LLC Buys New Position in Schwab U.S. REIT ETF $SCHH

EP Wealth Advisors LLC bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 483,058 shares of the company’s stock, valued at approximately $44,572,000. EP Wealth Advisors LLC owned approximately 0.10% of Schwab U.S. REIT ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHH. Horizon Investments LLC acquired a new position in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC purchased a new stake in Schwab U.S. REIT ETF in the 3rd quarter worth approximately $25,000. Gilpin Wealth Management LLC purchased a new stake in Schwab U.S. REIT ETF in the 4th quarter worth approximately $25,000. NewEdge Advisors LLC raised its holdings in Schwab U.S. REIT ETF by 313.8% in 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 last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter worth $30,000.

Schwab U.S. REIT ETF Stock Down 0.1%

SCHH stock opened at $24.04 on Friday. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The stock’s fifty day simple moving average is $24.08 and its 200-day simple moving average is $23.22. The stock has a market capitalization of $11.37 billion, a price-to-earnings 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.