Truist Financial Corp Grows Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Truist Financial Corp raised its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 8.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 112,347 shares of the company’s stock after purchasing an additional 8,481 shares during the quarter. Truist Financial Corp’s holdings in Schwab U.S. REIT ETF were worth $2,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Larson Financial Group LLC grew its stake in shares of Schwab U.S. REIT ETF by 84.2% in the 4th quarter. Larson Financial Group LLC now owns 1,483 shares of the company’s stock valued at $31,000 after purchasing an additional 678 shares during the last quarter. D.B. Root & Company LLC grew its stake in shares of Schwab U.S. REIT ETF by 2.8% in the 3rd quarter. D.B. Root & Company LLC now owns 25,160 shares of the company’s stock valued at $447,000 after purchasing an additional 693 shares during the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of Schwab U.S. REIT ETF by 7.2% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,181 shares of the company’s stock valued at $232,000 after purchasing an additional 753 shares during the last quarter. IVC Wealth Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF by 6.0% in the 4th quarter. IVC Wealth Advisors LLC now owns 13,446 shares of the company’s stock valued at $278,000 after purchasing an additional 760 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Schwab U.S. REIT ETF by 0.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 92,844 shares of the company’s stock valued at $1,569,000 after purchasing an additional 767 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 0.8 %

Shares of SCHH stock opened at $19.23 on Thursday. The business’s 50 day moving average is $19.62 and its two-hundred day moving average is $19.50. Schwab U.S. REIT ETF has a twelve month low of $16.63 and a twelve month high of $20.95. The company has a market capitalization of $6.10 billion, a P/E ratio of 26.49 and a beta of 0.97.

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.