Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Purchased by Fmr LLC

Fmr LLC raised its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,459,549 shares of the company’s stock after purchasing an additional 813,660 shares during the period. Fmr LLC owned 0.08% of Schwab U.S. REIT ETF worth $536,178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHH. Financial Engines Advisors L.L.C. raised its stake in 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 acquiring an additional 909,210 shares in the last quarter. US Bancorp DE grew its holdings in shares of Schwab U.S. REIT ETF by 3.1% during the fourth quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after purchasing an additional 850,612 shares during the last quarter. Brooklyn FI LLC increased its position in shares of Schwab U.S. REIT ETF by 6,300.2% during the fourth quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock worth $171,853,000 after purchasing an additional 7,569,163 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 3.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,234,435 shares of the company’s stock valued at $152,357,000 after purchasing an additional 252,942 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 1.3% in the 4th quarter. Apollon Wealth Management LLC now owns 1,085,766 shares of the company’s stock valued at $22,866,000 after purchasing an additional 14,188 shares during the last quarter.

Schwab U.S. REIT ETF Stock Down 2.5 %

NYSEARCA:SCHH opened at $18.94 on Wednesday. The company has a market capitalization of $6.67 billion, a PE ratio of 32.57 and a beta of 0.96. Schwab U.S. REIT ETF has a 52-week low of $18.45 and a 52-week high of $23.66. The stock’s 50 day moving average price is $21.36 and its 200 day moving average price is $21.83.

Schwab U.S. REIT ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.0985 per share. 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.