Meeder Advisory Services Inc. Invests $3.08 Million in Schwab U.S. REIT ETF $SCHH

Meeder Advisory Services Inc. bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the 2nd quarter, HoldingsChannel reports. The fund bought 33,408 shares of the company’s stock, valued at approximately $3,083,000.

A number of other institutional investors have also made changes to their positions in the business. Horizon Investments LLC acquired a new position in Schwab U.S. REIT ETF during the 4th quarter worth about $25,000. Palisade Asset Management LLC acquired a new stake in Schwab U.S. REIT ETF in the 3rd quarter valued at about $25,000. Gilpin Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth about $25,000. NewEdge Advisors LLC lifted its position in shares of Schwab U.S. REIT ETF by 313.8% during the first quarter. NewEdge Advisors LLC now owns 1,324 shares of the company’s stock worth $28,000 after purchasing an additional 1,004 shares in the last quarter. Finally, Asset Dedication LLC lifted its position in shares of Schwab U.S. REIT ETF by 47.0% during the first quarter. Asset Dedication LLC now owns 1,771 shares of the company’s stock worth $38,000 after purchasing an additional 566 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $23.84 on Wednesday. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94. The business’s fifty day moving average price is $24.08 and its two-hundred day moving average price is $23.18. Schwab U.S. REIT ETF has a 52 week low of $20.63 and a 52 week high of $25.03.

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.