Varma Mutual Pension Insurance Co Purchases New Holdings in Schwab U.S. REIT ETF $SCHH

Varma Mutual Pension Insurance Co acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 327,481 shares of the company’s stock, valued at approximately $30,217,000. Varma Mutual Pension Insurance Co owned about 0.07% of Schwab U.S. REIT ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SCHH. BlackRock Inc. acquired a new position in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $12,402,467,000. Financial Engines Advisors L.L.C. boosted its stake in shares of Schwab U.S. REIT ETF by 5.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after acquiring an additional 2,964,924 shares during the last quarter. US Bancorp DE increased its position in shares of Schwab U.S. REIT ETF by 2.1% during the fourth quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock worth $684,184,000 after purchasing an additional 672,570 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Schwab U.S. REIT ETF during the second quarter worth approximately $967,848,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Schwab U.S. REIT ETF by 6.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock worth $186,257,000 after purchasing an additional 557,970 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $24.04 on Friday. The business has a fifty day moving average price of $24.08 and a 200 day moving average price of $23.22. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03. The company has a market cap of $11.37 billion, a P/E ratio of 34.50 and a beta of 0.94.

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.