Raymond James Financial Services Advisors Inc. Increases Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Raymond James Financial Services Advisors Inc. raised its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,863 shares of the company’s stock after buying an additional 4,543 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Schwab U.S. REIT ETF by 4.1% during 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 in the last quarter. Financial Engines Advisors L.L.C. increased its holdings 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 worth $840,604,000 after buying an additional 1,921,502 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in 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 worth $450,284,000 after buying an additional 1,633,614 shares in the last quarter. US Bancorp DE increased its holdings in Schwab U.S. REIT ETF by 3.7% in the 3rd quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock worth $434,290,000 after buying an additional 882,861 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Schwab U.S. REIT ETF in the 3rd quarter worth about $105,854,000.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $18.93 on Tuesday. Schwab U.S. REIT ETF has a one year low of $16.63 and a one year high of $20.95. The stock has a 50-day moving average of $19.90 and a 200 day moving average of $19.35. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99.

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.