12,388 Shares in Schwab U.S. REIT ETF (NYSEARCA:SCHH) Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the third quarter, Holdings Channel.com reports. The fund bought 12,388 shares of the company’s stock, valued at approximately $287,000.

A number of other institutional investors have also made changes to their positions in SCHH. US Bancorp DE grew its holdings in Schwab U.S. REIT ETF by 4.6% in the 2nd quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock valued at $544,680,000 after buying an additional 1,201,620 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in Schwab U.S. REIT ETF in the 2nd quarter valued at $23,895,000. BlueSky Wealth Advisors LLC acquired a new position in Schwab U.S. REIT ETF in the 2nd quarter valued at $16,001,000. Pure Portfolios Holdings LLC bought a new stake in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at $12,535,000. Finally, Elm Partners Management LLC lifted its position in shares of Schwab U.S. REIT ETF by 272.8% during the 2nd quarter. Elm Partners Management LLC now owns 667,756 shares of the company’s stock valued at $13,335,000 after acquiring an additional 488,647 shares during the period.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH opened at $22.17 on Friday. The stock has a fifty day moving average price of $22.83 and a 200-day moving average price of $21.33. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a fifty-two week low of $18.42 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.