Momentous Wealth Management Inc. Acquires Shares of 13,461 Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Momentous Wealth Management Inc. purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 13,461 shares of the company’s stock, valued at approximately $283,000. Schwab U.S. REIT ETF accounts for approximately 0.2% of Momentous Wealth Management Inc.’s holdings, making the stock its 28th largest holding.

A number of other hedge funds have also recently modified their holdings of the company. JNBA Financial Advisors bought a new position in Schwab U.S. REIT ETF during the 4th quarter valued at approximately $28,000. CENTRAL TRUST Co bought a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter valued at approximately $30,000. West Oak Capital LLC lifted its position in Schwab U.S. REIT ETF by 794.9% during 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 period. Sound Income Strategies LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 266.9% during the 4th quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock valued at $59,000 after buying an additional 2,026 shares in the last quarter. Finally, Assetmark Inc. lifted its position in Schwab U.S. REIT ETF by 311.3% in the 4th quarter. Assetmark Inc. now owns 3,064 shares of the company’s stock valued at $65,000 after acquiring an additional 2,319 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $21.55 on Tuesday. The company has a market cap of $7.56 billion, a P/E ratio of 32.19 and a beta of 1.06. The stock’s fifty day moving average price is $21.47 and its 200-day moving average price is $22.04. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year 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.