First National Bank of Omaha Makes New $10.98 Million Investment in Schwab U.S. REIT ETF $SCHH

First National Bank of Omaha purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, Holdings Channel reports. The institutional investor purchased 120,276 shares of the company’s stock, valued at approximately $10,981,000.

Several other hedge funds also recently made changes to their positions in the stock. Horizon Investments LLC purchased a new stake in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF during the 3rd quarter valued at about $25,000. Gilpin Wealth Management LLC bought a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter valued at about $25,000. NewEdge Advisors LLC boosted its position 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 valued at $28,000 after acquiring an additional 1,004 shares during the period. Finally, Asset Dedication LLC boosted its position in shares of Schwab U.S. REIT ETF by 47.0% in the first quarter. Asset Dedication LLC now owns 1,771 shares of the company’s stock valued at $38,000 after acquiring an additional 566 shares during the period.

Schwab U.S. REIT ETF Trading Down 0.4%

Shares of NYSEARCA:SCHH opened at $23.84 on Wednesday. The company has a 50 day moving average of $24.08 and a 200 day moving average of $23.18. The stock has a market cap of $11.27 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03.

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.