68,834 Shares in Schwab U.S. REIT ETF $SCHH Purchased by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. bought a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the second quarter, Holdings Channel reports. The institutional investor bought 68,834 shares of the company’s stock, valued at approximately $6,351,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Commerce Bank bought a new position in shares of Schwab U.S. REIT ETF during the second quarter valued at approximately $8,204,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $50,069,000. CFO4Life Group LLC bought a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth approximately $275,000. Quantbot Technologies LP acquired a new position in Schwab U.S. REIT ETF during the 2nd quarter valued at approximately $2,196,000. Finally, Fortress Financial Group LLC acquired a new position in Schwab U.S. REIT ETF during the 2nd quarter valued at approximately $371,000.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH opened at $24.04 on Friday. Schwab U.S. REIT ETF has a 12 month low of $20.63 and a 12 month high of $25.03. The stock has a fifty day moving average price of $24.08 and a 200 day moving average price of $23.22. The company has a market cap of $11.37 billion, a P/E 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.