Schwab U.S. REIT ETF $SCHH Shares Purchased by Elm Partners Management LLC

Elm Partners Management LLC raised its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 627,312 shares of the company’s stock after buying an additional 63,271 shares during the period. Schwab U.S. REIT ETF makes up approximately 0.6% of Elm Partners Management LLC’s holdings, making the stock its 25th largest holding. Elm Partners Management LLC owned about 0.15% of Schwab U.S. REIT ETF worth $13,105,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Horizon Investments LLC purchased a new position in Schwab U.S. REIT ETF in the fourth quarter valued at about $25,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter valued at about $25,000. Flagship Harbor Advisors LLC purchased a new position in Schwab U.S. REIT ETF in the fourth quarter valued at about $26,000. NewEdge Advisors LLC increased its holdings in 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 valued at $28,000 after buying an additional 1,004 shares in the last quarter. Finally, NBC Securities Inc. increased its holdings in Schwab U.S. REIT ETF by 163.2% in the fourth quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock valued at $61,000 after buying an additional 1,820 shares in the last quarter.

Schwab U.S. REIT ETF Trading Down 0.9%

Shares of Schwab U.S. REIT ETF stock opened at $23.45 on Friday. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $23.92. The stock has a market cap of $9.95 billion, a PE ratio of 34.50 and a beta of 0.97. The company has a 50-day moving average of $22.79 and a two-hundred day moving average of $22.04.

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.