Ieq Capital LLC Buys New Stake in Schwab U.S. REIT ETF $SCHH

Ieq Capital LLC bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 195,776 shares of the company’s stock, valued at approximately $18,064,000.

A number of other large investors also recently added to or reduced their stakes in the company. Horizon Investments LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at $25,000. Palisade Asset Management LLC acquired a new position in Schwab U.S. REIT ETF during the 3rd quarter worth about $25,000. Gilpin Wealth Management LLC acquired a new position in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. NewEdge Advisors LLC boosted its holdings in Schwab U.S. REIT ETF by 313.8% during the 1st 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, C M Bidwell & Associates Ltd. purchased a new position in Schwab U.S. REIT ETF during the 2nd quarter valued at about $30,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA SCHH opened at $24.04 on Friday. The company has a market cap of $11.37 billion, a P/E ratio of 34.50 and a beta of 0.94. The stock has a 50-day moving average of $24.08 and a two-hundred day moving average of $23.22. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year 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.