Pioneer Wealth Management Group increased its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH – Free Report) by 8.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 883,192 shares of the company’s stock after purchasing an additional 67,461 shares during the quarter. Schwab U.S. REIT ETF makes up about 5.1% of Pioneer Wealth Management Group’s portfolio, making the stock its 7th biggest position. Pioneer Wealth Management Group owned approximately 0.19% of Schwab U.S. REIT ETF worth $20,914,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of SCHH. Horizon Investments LLC bought a new position in shares of Schwab U.S. REIT ETF during the 4th quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in Schwab U.S. REIT ETF in the third quarter worth about $25,000. Gilpin Wealth Management LLC bought a new position in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. Flagship Harbor Advisors LLC purchased a new position in Schwab U.S. REIT ETF during the 4th quarter valued at about $26,000. Finally, NewEdge Advisors LLC increased its position in Schwab U.S. REIT ETF by 313.8% during the 1st quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock valued at $28,000 after purchasing an additional 1,004 shares during the period.
Schwab U.S. REIT ETF Stock Performance
NYSEARCA:SCHH opened at $24.21 on Thursday. The firm has a 50-day simple moving average of $23.99 and a 200-day simple moving average of $23.02. Schwab U.S. REIT ETF has a one year low of $20.63 and a one year high of $25.03. The firm has a market cap of $11.45 billion, a P/E ratio of 34.50 and a beta of 0.94.
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.
Recommended Stories
- Five stocks we like better than Schwab U.S. REIT ETF
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for Schwab U.S. REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
