Townsquare Capital LLC Boosts Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Townsquare Capital LLC increased its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 360,751 shares of the company’s stock after buying an additional 16,163 shares during the quarter. Townsquare Capital LLC’s holdings in Schwab U.S. REIT ETF were worth $8,359,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BNP Paribas Financial Markets boosted its holdings in shares of Schwab U.S. REIT ETF by 101.9% in the third quarter. BNP Paribas Financial Markets now owns 1,071,927 shares of the company’s stock worth $24,837,000 after buying an additional 540,925 shares during the last quarter. FMR LLC lifted its holdings in Schwab U.S. REIT ETF by 49,667.6% during the third quarter. FMR LLC now owns 24,645,889 shares of the company’s stock valued at $571,045,000 after purchasing an additional 24,596,367 shares in the last quarter. Acorn Wealth Advisors LLC purchased a new position in Schwab U.S. REIT ETF during the third quarter valued at approximately $237,000. Truepoint Inc. purchased a new position in Schwab U.S. REIT ETF during the third quarter valued at approximately $221,000. Finally, Kingsview Wealth Management LLC lifted its holdings in Schwab U.S. REIT ETF by 3.9% during the third quarter. Kingsview Wealth Management LLC now owns 32,048 shares of the company’s stock valued at $743,000 after purchasing an additional 1,202 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of NYSEARCA:SCHH opened at $23.26 on Thursday. Schwab U.S. REIT ETF has a 1-year low of $18.45 and a 1-year high of $23.66. The company has a market capitalization of $7.38 billion, a P/E ratio of 26.49 and a beta of 0.97. The firm’s 50 day simple moving average is $22.74 and its two-hundred day simple moving average is $21.57.

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.