Choreo LLC Cuts Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Choreo LLC trimmed its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,067 shares of the company’s stock after selling 6,501 shares during the quarter. Choreo LLC’s holdings in Schwab U.S. REIT ETF were worth $1,665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHH. Sanctuary Advisors LLC purchased a new position in Schwab U.S. REIT ETF in the second quarter valued at about $263,000. CWM LLC boosted its stake in Schwab U.S. REIT ETF by 7.6% in the third quarter. CWM LLC now owns 12,271 shares of the company’s stock valued at $284,000 after acquiring an additional 872 shares during the last quarter. Pinnacle Bancorp Inc. boosted its stake in Schwab U.S. REIT ETF by 8.9% in the third quarter. Pinnacle Bancorp Inc. now owns 18,375 shares of the company’s stock valued at $426,000 after acquiring an additional 1,508 shares during the last quarter. Worth Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter valued at about $661,000. Finally, Juncture Wealth Strategies LLC boosted its stake in Schwab U.S. REIT ETF by 4.1% in the third quarter. Juncture Wealth Strategies LLC now owns 30,414 shares of the company’s stock valued at $705,000 after acquiring an additional 1,194 shares during the last quarter.

Schwab U.S. REIT ETF Stock Down 0.3 %

SCHH opened at $21.49 on Friday. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The company’s 50-day moving average price is $21.37 and its two-hundred day moving average price is $22.08. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66.

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.