BCS Wealth Management Takes Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

BCS Wealth Management purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 36,918 shares of the company’s stock, valued at approximately $777,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Asset Dedication LLC boosted its holdings in Schwab U.S. REIT ETF by 36.9% in the third quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after acquiring an additional 445 shares in the last quarter. Blue Trust Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the 3rd quarter worth about $39,000. GSB Wealth Management LLC bought a new position in Schwab U.S. REIT ETF in the 3rd quarter worth about $42,000. AlphaCore Capital LLC grew its position in Schwab U.S. REIT ETF by 329.7% during the 3rd 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 during the last quarter. Finally, Carmichael Hill & Associates Inc. grew its position in Schwab U.S. REIT ETF by 61.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 2,731 shares of the company’s stock valued at $63,000 after purchasing an additional 1,036 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of Schwab U.S. REIT ETF stock opened at $20.47 on Tuesday. The company has a 50-day simple moving average of $21.87 and a two-hundred day simple moving average of $22.00. The stock has a market capitalization of $6.50 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $18.45 and a 52-week high of $23.66.

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.