United Capital Financial Advisors LLC Acquires New Shares in Schwab U.S. REIT ETF $SCHH

United Capital Financial Advisors LLC bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, Holdings Channel reports. The fund bought 147,353 shares of the company’s stock, valued at approximately $13,596,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter valued at about $12,402,467,000. Primecap Management Co. CA bought a new position in Schwab U.S. REIT ETF during the 2nd quarter worth approximately $2,317,905,000. Bank of America Corp DE acquired a new position in Schwab U.S. REIT ETF during the second quarter valued at approximately $1,475,687,000. Bamco Inc. NY acquired a new position in Schwab U.S. REIT ETF during the second quarter valued at approximately $1,075,471,000. Finally, Bank of New York Mellon Corp bought a new stake in Schwab U.S. REIT ETF in the second quarter valued at approximately $967,848,000.

Schwab U.S. REIT ETF Stock Performance

SCHH opened at $23.85 on Friday. The firm’s fifty day moving average is $24.11 and its two-hundred day moving average is $23.31. The firm has a market cap of $11.28 billion, a PE ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $25.03.

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.