State of Alaska Department of Revenue Reduces Position in Schwab U.S. REIT ETF $SCHH

State of Alaska Department of Revenue decreased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,967 shares of the company’s stock after selling 4,920 shares during the quarter. State of Alaska Department of Revenue’s holdings in Schwab U.S. REIT ETF were worth $1,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC boosted its position in shares of Schwab U.S. REIT ETF by 16.5% during the 1st quarter. Ancora Advisors LLC now owns 3,456 shares of the company’s stock valued at $74,000 after acquiring an additional 490 shares during the last quarter. Legacy Capital Wealth Partners LLC boosted its position in shares of Schwab U.S. REIT ETF by 3.6% during the 1st quarter. Legacy Capital Wealth Partners LLC now owns 14,937 shares of the company’s stock valued at $321,000 after acquiring an additional 524 shares during the last quarter. Comprehensive Money Management Services LLC boosted its position in shares of Schwab U.S. REIT ETF by 1.5% during the 1st quarter. Comprehensive Money Management Services LLC now owns 35,842 shares of the company’s stock valued at $771,000 after acquiring an additional 525 shares during the last quarter. Heritage Financial Services LLC boosted its position in shares of Schwab U.S. REIT ETF by 3.1% during the 1st quarter. Heritage Financial Services LLC now owns 19,422 shares of the company’s stock valued at $418,000 after acquiring an additional 589 shares during the last quarter. Finally, Lewis Asset Management LLC boosted its position in shares of Schwab U.S. REIT ETF by 6.3% during the 1st quarter. Lewis Asset Management LLC now owns 10,359 shares of the company’s stock valued at $223,000 after acquiring an additional 611 shares during the last quarter.

Schwab U.S. REIT ETF Trading Up 0.4%

Shares of SCHH stock opened at $21.55 on Friday. The company’s 50-day moving average price is $21.33 and its 200-day moving average price is $21.14. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 34.50 and a beta of 0.92. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $23.42.

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.