Schwab U.S. REIT ETF (NYSEARCA:SCHH) Stock Holdings Lessened by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 916,850 shares of the company’s stock after selling 39,360 shares during the period. PNC Financial Services Group Inc. owned about 0.29% of Schwab U.S. REIT ETF worth $19,309,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SCHH. JNBA Financial Advisors purchased a new position in shares of Schwab U.S. REIT ETF during the 4th quarter valued at $28,000. CENTRAL TRUST Co acquired a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at $30,000. AlphaCore Capital LLC grew its stake in Schwab U.S. REIT ETF by 329.7% in the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock valued at $58,000 after purchasing an additional 1,912 shares in the last quarter. Sound Income Strategies LLC increased its position in Schwab U.S. REIT ETF by 266.9% in the 4th quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock worth $59,000 after purchasing an additional 2,026 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Schwab U.S. REIT ETF by 311.3% during the 4th quarter. Assetmark Inc. now owns 3,064 shares of the company’s stock worth $65,000 after purchasing an additional 2,319 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.61 on Tuesday. The stock has a 50-day simple moving average of $21.35 and a 200-day simple moving average of $22.12. Schwab U.S. REIT ETF has a 52-week low of $18.45 and a 52-week high of $23.66. The firm has a market cap of $7.54 billion, a price-to-earnings ratio of 33.75 and a beta of 1.06.

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.