Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 19.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,887 shares of the company’s stock after selling 19,863 shares during the period. State of Alaska Department of Revenue’s holdings in Schwab U.S. REIT ETF were worth $1,739,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. MidWestOne Financial Group Inc. grew its stake in shares of Schwab U.S. REIT ETF by 4.4% during the 4th quarter. MidWestOne Financial Group Inc. now owns 13,452 shares of the company’s stock valued at $283,000 after buying an additional 562 shares during the period. Capital Analysts LLC grew its stake in shares of Schwab U.S. REIT ETF by 21.4% during the 4th quarter. Capital Analysts LLC now owns 3,660 shares of the company’s stock valued at $77,000 after buying an additional 646 shares during the period. Fairview Capital Investment Management LLC grew its stake in shares of Schwab U.S. REIT ETF by 0.6% during the 4th quarter. Fairview Capital Investment Management LLC now owns 108,973 shares of the company’s stock valued at $2,295,000 after buying an additional 648 shares during the period. Blair William & Co. IL grew its stake in shares of Schwab U.S. REIT ETF by 22.8% during the 4th quarter. Blair William & Co. IL now owns 3,774 shares of the company’s stock valued at $79,000 after buying an additional 700 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of Schwab U.S. REIT ETF by 39.2% during the 4th quarter. Bank of Montreal Can now owns 2,610 shares of the company’s stock valued at $55,000 after buying an additional 735 shares during the period.

Schwab U.S. REIT ETF Trading Up 1.4%

Shares of Schwab U.S. REIT ETF stock opened at $21.60 on Tuesday. The company has a fifty day moving average price of $21.07 and a 200 day moving average price of $21.16. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $23.66. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 32.20 and a beta of 0.99.

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.