Wells Fargo & Company MN Sells 9,705 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Wells Fargo & Company MN decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 394,655 shares of the company’s stock after selling 9,705 shares during the period. Wells Fargo & Company MN owned 0.13% of Schwab U.S. REIT ETF worth $8,173,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHH. Envestnet Portfolio Solutions Inc. bought a new stake in Schwab U.S. REIT ETF during the 3rd quarter worth approximately $105,854,000. Cerity Partners LLC grew its holdings in shares of Schwab U.S. REIT ETF by 165.7% in the fourth quarter. Cerity Partners LLC now owns 5,910,260 shares of the company’s stock valued at $122,401,000 after purchasing an additional 3,685,437 shares in the last quarter. Financial Engines Advisors L.L.C. grew its holdings in shares of Schwab U.S. REIT ETF by 4.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock valued at $840,604,000 after purchasing an additional 1,921,502 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after purchasing an additional 1,633,614 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 1.9% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 52,388,706 shares of the company’s stock valued at $1,084,970,000 after purchasing an additional 985,714 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $19.83 on Thursday. The firm has a fifty day moving average price of $19.42 and a 200 day moving average price of $19.77. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $20.95. The firm has a market cap of $6.29 billion, a PE ratio of 26.49 and a beta of 0.97.

Schwab U.S. REIT ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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