Kingsview Wealth Management LLC Makes New Investment in Schwab U.S. REIT ETF $SCHH

Kingsview Wealth Management LLC acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,815 shares of the company’s stock, valued at approximately $5,335,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHH. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $41,000. Fortress Financial Group LLC purchased a new stake in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $371,000. Persistent Asset Partners Ltd bought a new stake in Schwab U.S. REIT ETF during the second quarter worth $66,000. Strategic Wealth Advisors LLC bought a new stake in Schwab U.S. REIT ETF during the second quarter worth $71,000. Finally, C M Bidwell & Associates Ltd. bought a new stake in Schwab U.S. REIT ETF during the second quarter worth $30,000.

Schwab U.S. REIT ETF Trading Down 0.5%

SCHH stock opened at $23.74 on Friday. The stock has a market cap of $11.23 billion, a P/E ratio of 34.50 and a beta of 0.94. The stock’s fifty day simple moving average is $24.12 and its two-hundred day simple moving average is $23.31. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year 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.