Root Financial Partners LLC Trims Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Root Financial Partners LLC cut its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,064 shares of the company’s stock after selling 3,103 shares during the quarter. Root Financial Partners LLC’s holdings in Schwab U.S. REIT ETF were worth $717,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SCHH. Sanctuary Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at about $263,000. CWM LLC grew its stake in shares of Schwab U.S. REIT ETF by 7.6% in the 3rd quarter. CWM LLC now owns 12,271 shares of the company’s stock valued at $284,000 after buying an additional 872 shares during the period. Asset Dedication LLC increased its holdings in shares of Schwab U.S. REIT ETF by 36.9% during the 3rd quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after buying an additional 445 shares during the last quarter. Secure Asset Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the third quarter valued at $324,000. Finally, Inspire Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter valued at $466,000.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.63 on Friday. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The business has a 50-day moving average of $21.27 and a 200 day moving average of $22.10. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66.

About Schwab U.S. REIT ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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