1,138,783 Shares in Schwab U.S. REIT ETF $SCHH Purchased by Korea Investment CORP

Korea Investment CORP acquired a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,138,783 shares of the company’s stock, valued at approximately $105,076,000. Korea Investment CORP owned about 0.24% of Schwab U.S. REIT ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SCHH. BlackRock Inc. acquired a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter worth approximately $12,402,467,000. Bank of New York Mellon Corp purchased a new position in Schwab U.S. REIT ETF during the second quarter worth approximately $967,848,000. Dumac Inc. purchased a new position in Schwab U.S. REIT ETF during the fourth quarter worth approximately $163,918,000. Deutsche Bank AG purchased a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter worth $614,184,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Schwab U.S. REIT ETF during the second quarter worth about $370,659,000.

Schwab U.S. REIT ETF Price Performance

NYSEARCA SCHH opened at $24.04 on Friday. The stock has a market capitalization of $11.37 billion, a P/E ratio of 34.50 and a beta of 0.94. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03. The firm’s 50-day moving average is $24.08 and its two-hundred day moving average is $23.22.

About Schwab U.S. REIT ETF

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.