Schwab U.S. REIT ETF $SCHH Stake Boosted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 34.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,212,307 shares of the company’s stock after purchasing an additional 308,585 shares during the period. Envestnet Asset Management Inc. owned about 0.31% of Schwab U.S. REIT ETF worth $26,149,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SCHH. Envestnet Portfolio Solutions Inc. increased its position in Schwab U.S. REIT ETF by 6.2% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 8,358,130 shares of the company’s stock worth $180,285,000 after buying an additional 491,228 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Schwab U.S. REIT ETF by 2.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,856,664 shares of the company’s stock worth $166,247,000 after buying an additional 200,077 shares during the period. Benjamin Edwards Inc. boosted its position in shares of Schwab U.S. REIT ETF by 7.5% in the third quarter. Benjamin Edwards Inc. now owns 1,679,553 shares of the company’s stock valued at $36,226,000 after acquiring an additional 117,314 shares during the period. Mason Street Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF by 9.5% in the third quarter. Mason Street Advisors LLC now owns 1,627,170 shares of the company’s stock worth $35,098,000 after acquiring an additional 141,170 shares during the last quarter. Finally, Charles Schwab Trust Co increased its position in Schwab U.S. REIT ETF by 6.7% during the third quarter. Charles Schwab Trust Co now owns 1,276,521 shares of the company’s stock worth $27,535,000 after acquiring an additional 80,008 shares during the period.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $22.50 on Friday. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $22.93. The company has a fifty day moving average price of $21.25 and a 200 day moving average price of $21.30. The stock has a market cap of $9.57 billion, a P/E ratio of 34.50 and a beta of 0.99.

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.