REDW Wealth LLC Reduces Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

REDW Wealth LLC decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,131 shares of the company’s stock after selling 24,315 shares during the period. REDW Wealth LLC’s holdings in Schwab U.S. REIT ETF were worth $972,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JNBA Financial Advisors acquired a new position in shares of Schwab U.S. REIT ETF in the 4th quarter valued at $28,000. CENTRAL TRUST Co acquired a new position in Schwab U.S. REIT ETF in the fourth quarter valued at $30,000. West Oak Capital LLC raised its holdings in shares of Schwab U.S. REIT ETF by 794.9% in the fourth quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock valued at $47,000 after buying an additional 20,954 shares during the last quarter. AlphaCore Capital LLC raised its holdings in shares of Schwab U.S. REIT ETF by 329.7% in the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock valued at $58,000 after buying an additional 1,912 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of Schwab U.S. REIT ETF by 266.9% during the fourth quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock worth $59,000 after buying an additional 2,026 shares during the period.

Schwab U.S. REIT ETF Trading Up 0.7 %

Shares of SCHH stock opened at $21.83 on Monday. The company has a market capitalization of $7.62 billion, a P/E ratio of 33.75 and a beta of 1.06. The business’s 50 day moving average is $21.33 and its two-hundred day moving average is $22.12. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66.

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.