Assetmark Inc. Boosts Holdings in Schwab U.S. REIT ETF $SCHH

Assetmark Inc. boosted its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6,412.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 161,586 shares of the company’s stock after purchasing an additional 159,105 shares during the quarter. Assetmark Inc.’s holdings in Schwab U.S. REIT ETF were worth $3,485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at $208,000. Royal Bank of Canada grew its position in shares of Schwab U.S. REIT ETF by 140.7% during the first quarter. Royal Bank of Canada now owns 127,006 shares of the company’s stock valued at $2,732,000 after purchasing an additional 74,243 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Schwab U.S. REIT ETF by 16.5% in the first quarter. Integrated Wealth Concepts LLC now owns 22,767 shares of the company’s stock worth $490,000 after purchasing an additional 3,222 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF by 313.8% in the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Schwab U.S. REIT ETF by 734.2% in the first quarter. Jane Street Group LLC now owns 117,136 shares of the company’s stock worth $2,520,000 after buying an additional 103,094 shares in the last quarter.

Schwab U.S. REIT ETF Trading Down 1.7%

Shares of Schwab U.S. REIT ETF stock opened at $22.67 on Thursday. The firm has a market cap of $9.64 billion, a PE ratio of 34.50 and a beta of 0.99. The stock has a 50 day moving average of $21.40 and a 200 day moving average of $21.34. Schwab U.S. REIT ETF has a 12 month low of $18.25 and a 12 month high of $23.07.

Schwab U.S. REIT ETF Company 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.