Cape Investment Advisory Inc. Sells 25,055 Shares of Schwab U.S. REIT ETF $SCHH

Cape Investment Advisory Inc. lessened its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 94.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,460 shares of the company’s stock after selling 25,055 shares during the period. Cape Investment Advisory Inc.’s holdings in Schwab U.S. REIT ETF were worth $31,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHH. Palisade Asset Management LLC acquired a new stake in Schwab U.S. REIT ETF during the third quarter valued at approximately $25,000. Blue Trust Inc. acquired a new position in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $26,000. Cullen Frost Bankers Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 73.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after buying an additional 538 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after buying an additional 1,004 shares during the period. Finally, Cloud Capital Management LLC bought a new position in shares of Schwab U.S. REIT ETF during the 3rd quarter worth approximately $32,000.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock opened at $22.08 on Friday. The business has a 50 day simple moving average of $22.13 and a 200 day simple moving average of $21.56. The company has a market capitalization of $9.39 billion, a PE ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $23.21.

Schwab U.S. REIT ETF 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.