International Assets Investment Management LLC Makes New Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

International Assets Investment Management LLC acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,112 shares of the company’s stock, valued at approximately $44,000.

Several other large investors also recently modified their holdings of SCHH. State of Alaska Department of Revenue acquired a new stake in shares of Schwab U.S. REIT ETF during the third quarter worth approximately $359,000. Raymond James & Associates increased its position in shares of Schwab U.S. REIT ETF by 10.1% in the 3rd quarter. Raymond James & Associates now owns 22,260 shares of the company’s stock worth $395,000 after purchasing an additional 2,044 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Schwab U.S. REIT ETF by 4.5% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 39,320 shares of the company’s stock worth $698,000 after purchasing an additional 1,676 shares during the last quarter. Avaii Wealth Management LLC raised its stake in shares of Schwab U.S. REIT ETF by 18.1% in the 3rd quarter. Avaii Wealth Management LLC now owns 28,802 shares of the company’s stock valued at $511,000 after purchasing an additional 4,410 shares in the last quarter. Finally, Summit Financial Strategies Inc. lifted its position in shares of Schwab U.S. REIT ETF by 20.4% during the third quarter. Summit Financial Strategies Inc. now owns 25,075 shares of the company’s stock worth $445,000 after purchasing an additional 4,245 shares during the last quarter.

Schwab U.S. REIT ETF Stock Up 0.2 %

Shares of Schwab U.S. REIT ETF stock opened at $18.78 on Thursday. The business has a 50-day moving average price of $19.68 and a 200 day moving average price of $19.44. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $20.95. The firm has a market cap of $6.02 billion, a P/E 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.