Comerica Bank Has $335,000 Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Comerica Bank decreased its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,921 shares of the company’s stock after selling 3,802 shares during the quarter. Comerica Bank’s holdings in Schwab U.S. REIT ETF were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. raised its position in shares of Schwab U.S. REIT ETF by 1.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 53,827,142 shares of the company’s stock worth $1,133,600,000 after purchasing an additional 909,210 shares during the period. US Bancorp DE raised its position in shares of Schwab U.S. REIT ETF by 3.1% during the fourth quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after purchasing an additional 850,612 shares during the period. FMR LLC raised its position in shares of Schwab U.S. REIT ETF by 3.3% during the fourth quarter. FMR LLC now owns 25,459,549 shares of the company’s stock worth $536,178,000 after purchasing an additional 813,660 shares during the period. Brooklyn FI LLC grew its holdings in shares of Schwab U.S. REIT ETF by 6,300.2% during the fourth quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock worth $171,853,000 after buying an additional 7,569,163 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab U.S. REIT ETF by 3.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 7,234,435 shares of the company’s stock worth $152,357,000 after buying an additional 252,942 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH opened at $21.44 on Friday. The company has a market cap of $7.91 billion, a PE ratio of 33.00 and a beta of 0.99. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $23.66. The stock has a 50-day simple moving average of $20.84 and a 200 day simple moving average of $21.42.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0985 per share. The ex-dividend date was Wednesday, March 26th.

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.