Schwab U.S. REIT ETF $SCHH Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 76.3% in the fourth quarter, HoldingsChannel reports. The fund owned 410,146 shares of the company’s stock after selling 1,323,986 shares during the quarter. BNP Paribas Financial Markets’ holdings in Schwab U.S. REIT ETF were worth $8,568,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Dorato Capital Management acquired a new stake in shares of Schwab U.S. REIT ETF in the 4th quarter worth approximately $586,000. Compound Planning Inc. acquired a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $13,565,000. Brand Asset Management Group Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 1,474.7% in the 3rd quarter. Brand Asset Management Group Inc. now owns 162,024 shares of the company’s stock worth $3,495,000 after acquiring an additional 151,735 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Schwab U.S. REIT ETF by 1,456.8% in the 3rd quarter. Clearstead Advisors LLC now owns 150,212 shares of the company’s stock worth $3,240,000 after acquiring an additional 140,563 shares during the period. Finally, Cooke Wealth Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the 4th quarter worth approximately $940,000.

Schwab U.S. REIT ETF Trading Down 1.4%

Shares of NYSEARCA:SCHH opened at $23.36 on Tuesday. The company has a 50 day moving average of $23.00 and a 200-day moving average of $22.13. The firm has a market cap of $9.91 billion, a P/E ratio of 34.50 and a beta of 0.95. Schwab U.S. REIT ETF has a twelve month low of $20.63 and a twelve month high of $23.92.

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.