Summit Financial Strategies Inc. Grows Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Summit Financial Strategies Inc. increased its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.2% in the 4th quarter, HoldingsChannel reports. The firm owned 23,381 shares of the company’s stock after purchasing an additional 2,361 shares during the period. Summit Financial Strategies Inc.’s holdings in Schwab U.S. REIT ETF were worth $492,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Asset Dedication LLC lifted its position in shares of Schwab U.S. REIT ETF by 36.9% during the 3rd quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock worth $38,000 after purchasing an additional 445 shares during the last quarter. Blue Trust Inc. acquired a new stake in Schwab U.S. REIT ETF in the third quarter valued at $39,000. GSB Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF in the third quarter valued at $42,000. West Oak Capital LLC lifted its holdings in Schwab U.S. REIT ETF by 794.9% during the 4th quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock worth $47,000 after buying an additional 20,954 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its position in shares of Schwab U.S. REIT ETF by 329.7% during the 3rd quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock worth $58,000 after acquiring an additional 1,912 shares in the last quarter.

Schwab U.S. REIT ETF Stock Performance

SCHH opened at $21.33 on Monday. The business’s 50-day simple moving average is $21.64 and its 200-day simple moving average is $22.08. The company has a market cap of $6.77 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66.

Schwab U.S. REIT ETF Company 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.