Assetmark Inc. Acquires 159,105 Shares of Schwab U.S. REIT ETF $SCHH

Assetmark Inc. increased its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6,412.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 161,586 shares of the company’s stock after purchasing an additional 159,105 shares during the quarter. Assetmark Inc.’s holdings in Schwab U.S. REIT ETF were worth $3,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHH. Krilogy Financial LLC increased its position in Schwab U.S. REIT ETF by 21.6% in the third quarter. Krilogy Financial LLC now owns 465,942 shares of the company’s stock worth $9,841,000 after buying an additional 82,818 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Schwab U.S. REIT ETF in the 3rd quarter worth approximately $828,000. Liberty Capital Management Inc. raised its stake in Schwab U.S. REIT ETF by 2.8% during the 3rd quarter. Liberty Capital Management Inc. now owns 30,629 shares of the company’s stock worth $661,000 after acquiring an additional 840 shares during the period. MB Generational Wealth LLC purchased a new position in Schwab U.S. REIT ETF during the third quarter valued at approximately $217,000. Finally, Tempus Wealth Planning LLC lifted its holdings in Schwab U.S. REIT ETF by 6.7% during the third quarter. Tempus Wealth Planning LLC now owns 69,099 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,357 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA SCHH opened at $22.67 on Thursday. The stock has a market cap of $9.64 billion, a PE ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a 1 year low of $18.25 and a 1 year high of $23.07. The firm has a fifty day moving average price of $21.40 and a 200-day moving average price of $21.34.

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.