Sumitomo Mitsui Trust Group Inc. Increases Stake in Schwab U.S. REIT ETF $SCHH

Sumitomo Mitsui Trust Group Inc. raised its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 64.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,389 shares of the company’s stock after purchasing an additional 7,976 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Schwab U.S. REIT ETF were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SCHH. Brighton Jones LLC purchased a new stake in Schwab U.S. REIT ETF in the 4th quarter valued at approximately $208,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Schwab U.S. REIT ETF by 21.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 46,143 shares of the company’s stock valued at $993,000 after purchasing an additional 8,226 shares in the last quarter. Courage Miller Partners LLC boosted its holdings in Schwab U.S. REIT ETF by 2.8% in the 1st quarter. Courage Miller Partners LLC now owns 455,456 shares of the company’s stock valued at $9,797,000 after purchasing an additional 12,292 shares in the last quarter. Jackson Thornton Wealth Management LLC boosted its holdings in Schwab U.S. REIT ETF by 5.2% in the 1st quarter. Jackson Thornton Wealth Management LLC now owns 460,865 shares of the company’s stock valued at $9,531,000 after purchasing an additional 22,622 shares in the last quarter. Finally, Pure Portfolios Holdings LLC boosted its holdings in Schwab U.S. REIT ETF by 4.6% in the 1st quarter. Pure Portfolios Holdings LLC now owns 601,791 shares of the company’s stock valued at $12,945,000 after purchasing an additional 26,713 shares in the last quarter.

Schwab U.S. REIT ETF Trading Up 0.3%

Shares of SCHH opened at $21.09 on Friday. Schwab U.S. REIT ETF has a twelve month low of $18.25 and a twelve month high of $23.42. The stock’s 50 day moving average is $21.44 and its two-hundred day moving average is $21.24. The firm has a market capitalization of $8.24 billion, a PE ratio of 34.50 and a beta of 0.99.

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.