Firestone Capital Management Grows Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Firestone Capital Management raised its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 441,233 shares of the company’s stock after purchasing an additional 15,983 shares during the period. Schwab U.S. REIT ETF accounts for about 2.3% of Firestone Capital Management’s portfolio, making the stock its 14th biggest position. Firestone Capital Management owned about 0.14% of Schwab U.S. REIT ETF worth $9,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Brooklyn FI LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 6,300.2% in the 4th quarter. Brooklyn FI LLC now owns 7,689,304 shares of the company’s stock worth $171,853,000 after acquiring an additional 7,569,163 shares during the last quarter. Financial Engines Advisors L.L.C. raised its position in Schwab U.S. REIT ETF by 1.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 53,827,142 shares of the company’s stock worth $1,133,600,000 after purchasing an additional 909,210 shares during the period. US Bancorp DE lifted its stake in Schwab U.S. REIT ETF by 3.1% in the fourth quarter. US Bancorp DE now owns 28,445,009 shares of the company’s stock worth $599,055,000 after purchasing an additional 850,612 shares during the last quarter. FMR LLC raised its holdings in shares of Schwab U.S. REIT ETF by 3.3% in the fourth quarter. FMR LLC now owns 25,459,549 shares of the company’s stock worth $536,178,000 after buying an additional 813,660 shares during the period. Finally, Tradewinds Capital Management LLC raised its holdings in shares of Schwab U.S. REIT ETF by 910,294.5% in the fourth quarter. Tradewinds Capital Management LLC now owns 500,717 shares of the company’s stock worth $10,545,000 after buying an additional 500,662 shares during the period.

Schwab U.S. REIT ETF Stock Up 0.9 %

SCHH opened at $20.82 on Tuesday. The business has a fifty day moving average of $21.03 and a 200 day moving average of $21.57. The stock has a market cap of $7.33 billion, a P/E ratio of 31.64 and a beta of 0.96. Schwab U.S. REIT ETF has a 52-week low of $18.25 and a 52-week high of $23.66.

Schwab U.S. REIT ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a $0.0985 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.