Stonegate Investment Group LLC Takes $953,000 Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Stonegate Investment Group LLC purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 45,250 shares of the company’s stock, valued at approximately $953,000.

Several other large investors have also made changes to their positions in the company. Perigon Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 14.9% during the 4th quarter. Perigon Wealth Management LLC now owns 139,873 shares of the company’s stock valued at $2,956,000 after purchasing an additional 18,177 shares in the last quarter. Landmark Wealth Management LLC raised its holdings in Schwab U.S. REIT ETF by 3.4% in the fourth quarter. Landmark Wealth Management LLC now owns 81,013 shares of the company’s stock valued at $1,706,000 after acquiring an additional 2,687 shares in the last quarter. Epiq Partners LLC raised its holdings in Schwab U.S. REIT ETF by 137.0% in the fourth quarter. Epiq Partners LLC now owns 120,615 shares of the company’s stock valued at $2,540,000 after acquiring an additional 69,715 shares in the last quarter. Summit Financial Strategies Inc. boosted its stake in Schwab U.S. REIT ETF by 11.2% during the 4th quarter. Summit Financial Strategies Inc. now owns 23,381 shares of the company’s stock valued at $492,000 after acquiring an additional 2,361 shares during the last quarter. Finally, Valued Wealth Advisors LLC increased its position in shares of Schwab U.S. REIT ETF by 8.0% in the 4th quarter. Valued Wealth Advisors LLC now owns 20,921 shares of the company’s stock worth $441,000 after purchasing an additional 1,541 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $21.30 on Wednesday. The company’s 50-day simple moving average is $21.60 and its 200-day simple moving average is $22.09. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.