Sequoia Financial Advisors LLC Acquires 1,992 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Sequoia Financial Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,252 shares of the company’s stock after buying an additional 1,992 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $316,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in Schwab U.S. REIT ETF by 58.4% in the first quarter. JPMorgan Chase & Co. now owns 46,356 shares of the company’s stock valued at $1,154,000 after purchasing an additional 17,083 shares in the last quarter. Raymond James & Associates increased its stake in Schwab U.S. REIT ETF by 68.8% in the first quarter. Raymond James & Associates now owns 16,118 shares of the company’s stock valued at $401,000 after purchasing an additional 6,567 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Schwab U.S. REIT ETF by 79.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 31,781 shares of the company’s stock valued at $791,000 after purchasing an additional 14,042 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Schwab U.S. REIT ETF by 55.0% in the first quarter. Bank of New York Mellon Corp now owns 185,641 shares of the company’s stock valued at $4,620,000 after purchasing an additional 65,909 shares in the last quarter. Finally, Citigroup Inc. increased its stake in Schwab U.S. REIT ETF by 24,238.9% in the first quarter. Citigroup Inc. now owns 4,381 shares of the company’s stock valued at $109,000 after purchasing an additional 4,363 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH opened at $18.55 on Friday. The company has a 50 day moving average price of $19.84 and a two-hundred day moving average price of $19.35. Schwab U.S. REIT ETF has a 52 week low of $16.63 and a 52 week high of $20.95. The company has a market capitalization of $5.95 billion, a PE ratio of 26.71 and a beta of 0.99.

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.