Assetmark Inc. Acquires 25,125 Shares of Schwab U.S. REIT ETF $SCHH

Assetmark Inc. lifted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 15.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 186,711 shares of the company’s stock after buying an additional 25,125 shares during the period. Assetmark Inc.’s holdings in Schwab U.S. REIT ETF were worth $3,900,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Financial Engines Advisors L.L.C. grew its stake in Schwab U.S. REIT ETF by 2.8% in the third quarter. Financial Engines Advisors L.L.C. now owns 57,075,509 shares of the company’s stock valued at $1,231,119,000 after purchasing an additional 1,557,768 shares in the last quarter. US Bancorp DE raised its stake in shares of Schwab U.S. REIT ETF by 5.0% during the 3rd quarter. US Bancorp DE now owns 32,078,890 shares of the company’s stock worth $691,948,000 after purchasing an additional 1,537,663 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Schwab U.S. REIT ETF by 6.2% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 8,358,130 shares of the company’s stock valued at $180,285,000 after buying an additional 491,228 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Schwab U.S. REIT ETF by 420.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock valued at $37,405,000 after buying an additional 1,400,776 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Schwab U.S. REIT ETF by 5.1% in the third quarter. Ameriprise Financial Inc. now owns 1,704,173 shares of the company’s stock valued at $36,748,000 after buying an additional 83,168 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $23.43 on Monday. The company has a market cap of $9.98 billion, a price-to-earnings ratio of 34.50 and a beta of 0.98. Schwab U.S. REIT ETF has a 1-year low of $20.01 and a 1-year high of $23.45. The company’s fifty day simple moving average is $22.37 and its 200 day simple moving average is $21.64.

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.