Droms Strauss Advisors Inc. MO ADV Makes New $740,000 Investment in Schwab U.S. REIT ETF $SCHH

Droms Strauss Advisors Inc. MO ADV bought a new stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 33,558 shares of the company’s stock, valued at approximately $740,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,756,832 shares of the company’s stock worth $278,402,000 after purchasing an additional 712,099 shares during the period. Dumac Inc. lifted its stake in shares of Schwab U.S. REIT ETF by 1.0% in the 1st quarter. Dumac Inc. now owns 7,929,093 shares of the company’s stock valued at $170,396,000 after purchasing an additional 82,351 shares in the last quarter. Pioneer Wealth Management Group grew its holdings in shares of Schwab U.S. REIT ETF by 8.3% during the 2nd quarter. Pioneer Wealth Management Group now owns 883,192 shares of the company’s stock worth $20,914,000 after purchasing an additional 67,461 shares during the period. ZynergyRetirementPlanningLLC grew its holdings in shares of Schwab U.S. REIT ETF by 4.8% during the 3rd quarter. ZynergyRetirementPlanningLLC now owns 859,959 shares of the company’s stock worth $18,953,000 after purchasing an additional 39,242 shares during the period. Finally, Waverly Advisors LLC increased its position in Schwab U.S. REIT ETF by 3.3% during the 2nd quarter. Waverly Advisors LLC now owns 770,626 shares of the company’s stock worth $18,248,000 after purchasing an additional 24,486 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

SCHH stock traded down $0.14 during midday trading on Friday, reaching $23.49. 8,561,652 shares of the company’s stock traded hands, compared to its average volume of 8,016,094. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The business has a 50-day moving average price of $22.78 and a two-hundred day moving average price of $23.05. The company has a market capitalization of $11.20 billion, a P/E ratio of 34.50 and a beta of 0.92.

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.