Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 877,828 shares of the company’s stock after selling 34,376 shares during the period. Envestnet Asset Management Inc. owned 0.25% of Schwab U.S. REIT ETF worth $18,882,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SCHH. Brooklyn FI LLC lifted its stake in shares of Schwab U.S. REIT ETF by 6,300.2% in the 4th quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock worth $171,853,000 after acquiring an additional 7,569,163 shares during the period. Financial Engines Advisors L.L.C. lifted its stake in shares of Schwab U.S. REIT ETF by 1.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 53,827,142 shares of the company’s stock worth $1,133,600,000 after acquiring an additional 909,210 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Schwab U.S. REIT ETF by 76.2% in the 4th quarter. BNP Paribas Financial Markets now owns 1,889,167 shares of the company’s stock worth $39,786,000 after acquiring an additional 817,240 shares during the period. FMR LLC lifted its stake in shares of Schwab U.S. REIT ETF by 3.3% in the 4th quarter. FMR LLC now owns 25,459,549 shares of the company’s stock worth $536,178,000 after acquiring an additional 813,660 shares during the period. Finally, Pioneer Wealth Management Group acquired a new stake in shares of Schwab U.S. REIT ETF in the first quarter valued at about $12,112,000.

Schwab U.S. REIT ETF Stock Up 1.0%

Shares of NYSEARCA SCHH opened at $21.33 on Thursday. Schwab U.S. REIT ETF has a 52 week low of $18.25 and a 52 week high of $23.66. The firm has a 50-day moving average price of $21.22 and a 200 day moving average price of $21.13. The stock has a market capitalization of $8.10 billion, a price-to-earnings 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.