Brand Asset Management Group Inc. Sells 21,822 Shares of Schwab U.S. REIT ETF $SCHH

Brand Asset Management Group Inc. lessened its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 13.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 140,202 shares of the company’s stock after selling 21,822 shares during the period. Schwab U.S. REIT ETF accounts for 0.8% of Brand Asset Management Group Inc.’s holdings, making the stock its 26th largest position. Brand Asset Management Group Inc.’s holdings in Schwab U.S. REIT ETF were worth $2,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Engines Advisors L.L.C. lifted its position in shares of Schwab U.S. REIT ETF by 2.8% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 57,075,509 shares of the company’s stock worth $1,231,119,000 after buying an additional 1,557,768 shares during the period. US Bancorp DE lifted its position in shares of Schwab U.S. REIT ETF by 2.1% during the 4th quarter. US Bancorp DE now owns 32,751,460 shares of the company’s stock worth $684,184,000 after buying an additional 672,570 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of Schwab U.S. REIT ETF by 6.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock worth $186,257,000 after buying an additional 557,970 shares during the period. Dumac Inc. bought a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth approximately $163,918,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab U.S. REIT ETF by 2.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,646,130 shares of the company’s stock worth $159,728,000 after buying an additional 199,277 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH stock opened at $23.91 on Wednesday. The business has a fifty day moving average price of $23.06 and a 200 day moving average price of $22.15. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $24.01. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 34.50 and a beta of 0.95.

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.