Park Avenue Securities LLC Decreases Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Park Avenue Securities LLC cut its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 20.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,452 shares of the company’s stock after selling 3,270 shares during the period. Park Avenue Securities LLC’s holdings in Schwab U.S. REIT ETF were worth $262,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in Schwab U.S. REIT ETF by 9.3% during the second quarter. Envestnet Asset Management Inc. now owns 410,795 shares of the company’s stock valued at $8,204,000 after purchasing an additional 35,112 shares during the period. Ariadne Wealth Management LP bought a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at approximately $301,000. Sanctuary Advisors LLC purchased a new stake in Schwab U.S. REIT ETF during the 2nd quarter valued at $263,000. Passive Capital Management LLC. lifted its position in Schwab U.S. REIT ETF by 18.9% in the second quarter. Passive Capital Management LLC. now owns 209,478 shares of the company’s stock worth $4,183,000 after buying an additional 33,295 shares during the last quarter. Finally, Kades & Cheifetz LLC boosted its stake in Schwab U.S. REIT ETF by 8.2% during the third quarter. Kades & Cheifetz LLC now owns 44,872 shares of the company’s stock worth $1,040,000 after buying an additional 3,404 shares during the period.

Schwab U.S. REIT ETF Stock Up 0.4 %

SCHH stock opened at $21.33 on Friday. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66. The stock has a market capitalization of $6.77 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The firm’s fifty day simple moving average is $21.64 and its two-hundred day simple moving average is $22.06.

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.