Grove Bank & Trust Acquires 33,271 Shares of Schwab U.S. REIT ETF $SCHH

Grove Bank & Trust boosted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 398,105 shares of the company’s stock after purchasing an additional 33,271 shares during the period. Grove Bank & Trust owned about 0.10% of Schwab U.S. REIT ETF worth $8,316,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV bought a new stake in Schwab U.S. REIT ETF in the third quarter valued at $555,000. Compound Planning Inc. bought a new position in shares of Schwab U.S. REIT ETF during the third quarter valued at $13,565,000. Courage Miller Partners LLC boosted its stake in shares of Schwab U.S. REIT ETF by 6.4% in the 3rd quarter. Courage Miller Partners LLC now owns 514,416 shares of the company’s stock valued at $11,092,000 after purchasing an additional 31,164 shares in the last quarter. Clearstead Advisors LLC boosted its stake in shares of Schwab U.S. REIT ETF by 1,456.8% in the 3rd quarter. Clearstead Advisors LLC now owns 150,212 shares of the company’s stock valued at $3,240,000 after purchasing an additional 140,563 shares in the last quarter. Finally, Davis Capital Management bought a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth about $2,060,000.

Schwab U.S. REIT ETF Stock Down 3.3%

Shares of Schwab U.S. REIT ETF stock opened at $21.35 on Friday. The stock has a market capitalization of $9.08 billion, a P/E ratio of 34.50 and a beta of 0.99. The company has a 50-day simple moving average of $22.14 and a 200 day simple moving average of $21.56. Schwab U.S. REIT ETF has a 12-month low of $18.25 and a 12-month high of $23.21.

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.