M Wealth Management LLC Buys Shares of 31,475 Schwab U.S. REIT ETF (NYSEARCA:SCHH)

M Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 31,475 shares of the company’s stock, valued at approximately $663,000. Schwab U.S. REIT ETF comprises 0.6% of M Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHH. US Bancorp DE boosted its stake in shares of Schwab U.S. REIT ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 27,594,397 shares of the company’s stock worth $639,366,000 after acquiring an additional 319,666 shares in the last quarter. FMR LLC raised its position in shares of Schwab U.S. REIT ETF by 49,667.6% in the third quarter. FMR LLC now owns 24,645,889 shares of the company’s stock valued at $571,045,000 after purchasing an additional 24,596,367 shares during the period. Cerity Partners LLC lifted its stake in shares of Schwab U.S. REIT ETF by 15.5% in the third quarter. Cerity Partners LLC now owns 3,294,126 shares of the company’s stock worth $76,325,000 after buying an additional 442,762 shares during the last quarter. Rational Advisors LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 12.8% during the 3rd quarter. Rational Advisors LLC now owns 1,963,100 shares of the company’s stock worth $45,485,000 after buying an additional 222,456 shares during the period. Finally, Charles Schwab Trust Co grew its stake in Schwab U.S. REIT ETF by 5.9% in the 4th quarter. Charles Schwab Trust Co now owns 1,083,343 shares of the company’s stock valued at $22,815,000 after buying an additional 60,044 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $21.29 on Thursday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The firm has a fifty day moving average price of $21.60 and a two-hundred day moving average price of $22.09. Schwab U.S. REIT ETF has a fifty-two week low of $18.45 and a fifty-two week 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.