Parkside Financial Bank & Trust Lowers Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Parkside Financial Bank & Trust lessened its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,105 shares of the company’s stock after selling 680 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Schwab U.S. REIT ETF were worth $375,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHH. Charles Schwab Investment Advisory Inc. boosted its position in shares of Schwab U.S. REIT ETF by 4.1% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock valued at $912,403,000 after acquiring an additional 2,010,996 shares during the period. Financial Engines Advisors L.L.C. boosted its stake in Schwab U.S. REIT ETF by 4.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock valued at $840,604,000 after purchasing an additional 1,921,502 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Schwab U.S. REIT ETF by 6.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after purchasing an additional 1,633,614 shares in the last quarter. US Bancorp DE grew its stake in shares of Schwab U.S. REIT ETF by 3.7% in the third quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock worth $434,290,000 after purchasing an additional 882,861 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Schwab U.S. REIT ETF in the third quarter valued at $105,854,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH remained flat at $18.96 during mid-day trading on Wednesday. The company had a trading volume of 1,212,792 shares, compared to its average volume of 3,412,379. Schwab U.S. REIT ETF has a 52 week low of $16.63 and a 52 week high of $20.95. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99. The firm’s 50-day moving average is $19.78 and its 200 day moving average is $19.41.

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.