MidFirst Bank purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 105,826 shares of the company’s stock, valued at approximately $9,765,000.
Other hedge funds also recently bought and sold shares of the company. Persistent Asset Partners Ltd purchased a new stake in Schwab U.S. REIT ETF during the 2nd quarter valued at about $66,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter worth about $25,000. Horizon Investments LLC purchased a new position in Schwab U.S. REIT ETF in the fourth quarter worth about $25,000. Gilpin Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth approximately $25,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares in the last quarter.
Schwab U.S. REIT ETF Stock Down 0.7%
NYSEARCA:SCHH opened at $23.93 on Tuesday. The company’s 50 day moving average price is $24.08 and its 200-day moving average price is $23.16. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94.
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.
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