Raymond James Financial Services Advisors Inc. Grows Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Raymond James Financial Services Advisors Inc. increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,863 shares of the company’s stock after acquiring an additional 4,543 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $908,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Advisory Inc. boosted its position in Schwab U.S. REIT ETF by 4.1% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock worth $912,403,000 after acquiring an additional 2,010,996 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its position in Schwab U.S. REIT ETF by 4.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock worth $840,604,000 after acquiring an additional 1,921,502 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Schwab U.S. REIT ETF by 6.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock worth $450,284,000 after acquiring an additional 1,633,614 shares during the last quarter. US Bancorp DE boosted its position in Schwab U.S. REIT ETF by 3.7% during the third quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock worth $434,290,000 after acquiring an additional 882,861 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Schwab U.S. REIT ETF during the third quarter worth about $105,854,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $18.93 on Tuesday. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99. The company’s 50-day moving average is $19.90 and its two-hundred day moving average is $19.35. Schwab U.S. REIT ETF has a 1-year low of $16.63 and a 1-year high of $20.95.

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.