Glassy Mountain Advisors Inc. Has $2.42 Million Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Glassy Mountain Advisors Inc. lifted its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 104,290 shares of the company’s stock after acquiring an additional 4,489 shares during the quarter. Glassy Mountain Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $2,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Charles Schwab Investment Advisory Inc. grew its holdings in Schwab U.S. REIT ETF by 2.8% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock worth $1,093,377,000 after purchasing an additional 1,472,209 shares during the period. US Bancorp DE grew its position in shares of Schwab U.S. REIT ETF by 1.2% in the third quarter. US Bancorp DE now owns 27,594,397 shares of the company’s stock valued at $639,366,000 after purchasing an additional 319,666 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Schwab U.S. REIT ETF by 7.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock worth $136,549,000 after buying an additional 480,848 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in Schwab U.S. REIT ETF during the second quarter worth approximately $23,895,000. Finally, Apollon Wealth Management LLC grew its position in Schwab U.S. REIT ETF by 10.2% during the second quarter. Apollon Wealth Management LLC now owns 1,046,905 shares of the company’s stock worth $20,907,000 after buying an additional 96,787 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $22.10 on Friday. The company has a market capitalization of $7.01 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 1 year low of $17.54 and a 1 year high of $23.66. The business’s 50 day simple moving average is $22.85 and its 200 day simple moving average is $21.13.

Schwab U.S. REIT ETF Company 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.