Sumitomo Mitsui Trust Group Inc. Acquires New Shares in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Sumitomo Mitsui Trust Group Inc. bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,413 shares of the company’s stock, valued at approximately $267,000.

Several other hedge funds also recently bought and sold shares of the company. Wood Tarver Financial Group LLC acquired a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth $26,000. GSB Wealth Management LLC bought a new stake in Schwab U.S. REIT ETF in the first quarter worth $42,000. Independence Bank of Kentucky increased its position in Schwab U.S. REIT ETF by 2,478.9% during the first quarter. Independence Bank of Kentucky now owns 2,321 shares of the company’s stock worth $50,000 after buying an additional 2,231 shares during the last quarter. Bank of Montreal Can raised its holdings in Schwab U.S. REIT ETF by 39.2% during the fourth 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 in the last quarter. Finally, Ancora Advisors LLC raised its holdings in Schwab U.S. REIT ETF by 55.0% during the fourth quarter. Ancora Advisors LLC now owns 2,966 shares of the company’s stock valued at $62,000 after buying an additional 1,052 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.35 on Friday. Schwab U.S. REIT ETF has a 12-month low of $18.25 and a 12-month high of $23.66. The stock has a 50 day moving average price of $21.19 and a two-hundred day moving average price of $21.12. The stock has a market capitalization of $8.08 billion, a P/E ratio of 34.50 and a beta of 0.92.

Schwab U.S. REIT ETF Company 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.