Schwab U.S. REIT ETF (NYSEARCA:SCHH) Stake Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 190.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,283 shares of the company’s stock after buying an additional 50,060 shares during the quarter. JPMorgan Chase & Co.’s holdings in Schwab U.S. REIT ETF were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Asset Dedication LLC grew its stake in Schwab U.S. REIT ETF by 36.9% during the 3rd quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock valued at $38,000 after acquiring an additional 445 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Schwab U.S. REIT ETF in the third quarter worth approximately $39,000. GSB Wealth Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the third quarter worth approximately $42,000. AlphaCore Capital LLC grew its position in Schwab U.S. REIT ETF by 329.7% during the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock valued at $58,000 after purchasing an additional 1,912 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. increased its stake in Schwab U.S. REIT ETF by 61.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 2,731 shares of the company’s stock valued at $63,000 after buying an additional 1,036 shares during the period.

Schwab U.S. REIT ETF Stock Down 1.8 %

SCHH stock opened at $21.09 on Thursday. The company has a 50 day moving average of $21.70 and a two-hundred day moving average of $22.05. Schwab U.S. REIT ETF has a 12-month low of $18.45 and a 12-month high of $23.66. The company has a market cap of $6.69 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.