Schwab U.S. REIT ETF $SCHH is Pioneer Wealth Management Group’s 7th Largest Position

Pioneer Wealth Management Group increased its position in Schwab U.S. REIT ETF (NYSEARCA:SCHHFree 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

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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