Daiichi Life Insurance Co. Ltd. Takes $6.35 Million Position in Schwab U.S. REIT ETF $SCHH

Daiichi Life Insurance Co. Ltd. purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 68,834 shares of the company’s stock, valued at approximately $6,351,000.

A number of other hedge funds have also bought and sold shares of SCHH. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Schwab U.S. REIT ETF in the second quarter valued at about $41,000. Fortress Financial Group LLC acquired a new stake in Schwab U.S. REIT ETF during the second quarter valued at approximately $371,000. Persistent Asset Partners Ltd bought a new position in Schwab U.S. REIT ETF during the 2nd quarter worth approximately $66,000. Strategic Wealth Advisors LLC bought a new position in Schwab U.S. REIT ETF during the 2nd quarter worth approximately $71,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $30,000.

Schwab U.S. REIT ETF Trading Down 0.1%

Shares of NYSEARCA SCHH opened at $24.04 on Friday. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The business has a 50 day simple moving average of $24.08 and a 200-day simple moving average of $23.22.

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.