Waverly Advisors LLC Purchases 718,499 Shares of Schwab U.S. REIT ETF $SCHH

Waverly Advisors LLC lifted its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 2,599.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 746,140 shares of the company’s stock after purchasing an additional 718,499 shares during the quarter. Waverly Advisors LLC owned about 0.18% of Schwab U.S. REIT ETF worth $16,035,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHH. Vivaldi Capital Management LP raised its holdings in Schwab U.S. REIT ETF by 6.0% in the first quarter. Vivaldi Capital Management LP now owns 111,181 shares of the company’s stock worth $2,389,000 after purchasing an additional 6,300 shares in the last quarter. Morningstar Investment Management LLC boosted its holdings in shares of Schwab U.S. REIT ETF by 24.7% during the 1st quarter. Morningstar Investment Management LLC now owns 705,180 shares of the company’s stock valued at $15,154,000 after buying an additional 139,699 shares in the last quarter. WealthCollab LLC grew its position in shares of Schwab U.S. REIT ETF by 0.5% in the 1st quarter. WealthCollab LLC now owns 261,708 shares of the company’s stock worth $5,624,000 after buying an additional 1,370 shares during the period. Koss Olinger Consulting LLC grew its position in shares of Schwab U.S. REIT ETF by 0.5% in the 1st quarter. Koss Olinger Consulting LLC now owns 106,108 shares of the company’s stock worth $2,280,000 after buying an additional 568 shares during the period. Finally, White & Co Financial Planning Inc increased its stake in shares of Schwab U.S. REIT ETF by 10.6% in the 1st quarter. White & Co Financial Planning Inc now owns 279,230 shares of the company’s stock worth $6,001,000 after acquiring an additional 26,759 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $24.86 on Monday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $24.93. The firm has a market cap of $11.74 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The company has a 50-day moving average of $23.85 and a 200 day moving average of $22.84.

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.