137,307 Shares in Schwab U.S. REIT ETF $SCHH Bought by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 137,307 shares of the company’s stock, valued at approximately $12,669,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Schwab U.S. REIT ETF in the 2nd quarter worth about $12,402,467,000. Bank of New York Mellon Corp bought a new stake in Schwab U.S. REIT ETF during the second quarter worth about $967,848,000. Dumac Inc. purchased a new stake in Schwab U.S. REIT ETF in the fourth quarter worth about $163,918,000. Deutsche Bank AG purchased a new stake in Schwab U.S. REIT ETF in the second quarter worth about $614,184,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Schwab U.S. REIT ETF in the second quarter worth about $370,659,000.

Schwab U.S. REIT ETF Stock Performance

SCHH stock opened at $24.00 on Thursday. The firm has a 50 day moving average price of $24.08 and a 200-day moving average price of $23.20. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 34.50 and a beta of 0.94.

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.