Orion Portfolio Solutions LLC Has $1.11 Million Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Orion Portfolio Solutions LLC boosted its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 20.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,892 shares of the company’s stock after buying an additional 9,112 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Schwab U.S. REIT ETF were worth $1,114,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SCHH. Blair William & Co. IL lifted its position in Schwab U.S. REIT ETF by 22.8% during the 4th quarter. Blair William & Co. IL now owns 3,774 shares of the company’s stock worth $79,000 after buying an additional 700 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Schwab U.S. REIT ETF by 2.4% during the fourth quarter. JPMorgan Chase & Co. now owns 78,093 shares of the company’s stock valued at $1,645,000 after purchasing an additional 1,810 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in Schwab U.S. REIT ETF by 19.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 12,302 shares of the company’s stock valued at $259,000 after purchasing an additional 2,039 shares in the last quarter. Financial Engines Advisors L.L.C. increased its position in shares of Schwab U.S. REIT ETF by 1.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 53,827,142 shares of the company’s stock worth $1,133,600,000 after purchasing an additional 909,210 shares during the last quarter. Finally, Momentous Wealth Management Inc. acquired a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $283,000.

Schwab U.S. REIT ETF Trading Down 4.5 %

NYSEARCA:SCHH opened at $20.01 on Friday. Schwab U.S. REIT ETF has a 1-year low of $18.45 and a 1-year high of $23.66. The firm has a fifty day simple moving average of $21.49 and a 200 day simple moving average of $21.93. The stock has a market capitalization of $7.05 billion, a PE ratio of 32.57 and a beta of 0.96.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.0985 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.