Liberty Capital Management Inc. Acquires New Position in Schwab U.S. REIT ETF $SCHH

Liberty Capital Management Inc. bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 50,092 shares of the company’s stock, valued at approximately $1,104,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Team Financial Group LLC bought a new stake in Schwab U.S. REIT ETF during the third quarter worth approximately $27,000. Bfsg LLC grew its position in Schwab U.S. REIT ETF by 137.1% in the third quarter. Bfsg LLC now owns 1,548 shares of the company’s stock worth $34,000 after buying an additional 895 shares during the last quarter. Asset Dedication LLC grew its position in Schwab U.S. REIT ETF by 47.0% in the first quarter. Asset Dedication LLC now owns 1,771 shares of the company’s stock worth $38,000 after buying an additional 566 shares during the last quarter. Signaturefd LLC acquired a new position in Schwab U.S. REIT ETF in the third quarter worth approximately $40,000. Finally, Indiana Trust & Investment Management Co bought a new position in shares of Schwab U.S. REIT ETF in the third quarter valued at $54,000.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $23.63 on Friday. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The business’s fifty day moving average is $22.78 and its two-hundred day moving average is $23.04. The stock has a market capitalization of $11.31 billion, a P/E ratio of 34.50 and a beta of 0.92.

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.