2,189,893 Shares in Schwab U.S. REIT ETF $SCHH Purchased by Route One Investment Company L.P.

Route One Investment Company L.P. acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,189,893 shares of the company’s stock, valued at approximately $202,061,000. Schwab U.S. REIT ETF makes up approximately 8.1% of Route One Investment Company L.P.’s investment portfolio, making the stock its 6th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Schwab U.S. REIT ETF during the fourth quarter worth approximately $208,000. Royal Bank of Canada boosted its stake in shares of Schwab U.S. REIT ETF by 140.7% in the first quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock valued at $2,732,000 after buying an additional 74,243 shares during the period. Integrated Wealth Concepts LLC grew its position in Schwab U.S. REIT ETF by 16.5% during the first quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after buying an additional 3,222 shares in the last quarter. NewEdge Advisors LLC grew its position in Schwab U.S. REIT ETF by 313.8% during 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. Finally, Jane Street Group LLC increased its stake in Schwab U.S. REIT ETF by 734.2% during the 1st quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock worth $2,520,000 after acquiring an additional 103,094 shares during the period.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $24.21 on Wednesday. The firm has a market cap of $11.45 billion, a PE ratio of 34.50 and a beta of 0.94. The stock’s fifty day moving average price is $24.09 and its two-hundred day moving average price is $23.28. Schwab U.S. REIT ETF has a one year low of $20.63 and a one 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.