Bristlecone Advisors LLC Makes New $67,000 Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Bristlecone Advisors LLC purchased a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,905 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds also recently modified their holdings of the company. Park Avenue Securities LLC increased its stake in Schwab U.S. REIT ETF by 4.2% during the 1st quarter. Park Avenue Securities LLC now owns 17,542 shares of the company’s stock worth $356,000 after purchasing an additional 709 shares in the last quarter. Congress Wealth Management LLC DE boosted its stake in shares of Schwab U.S. REIT ETF by 3.6% during the 1st quarter. Congress Wealth Management LLC DE now owns 149,810 shares of the company’s stock worth $3,041,000 after buying an additional 5,185 shares during the last quarter. SeaCrest Wealth Management LLC boosted its position in Schwab U.S. REIT ETF by 7.6% during the first quarter. SeaCrest Wealth Management LLC now owns 66,767 shares of the company’s stock valued at $1,355,000 after purchasing an additional 4,700 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Schwab U.S. REIT ETF by 10.5% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 42,667 shares of the company’s stock worth $866,000 after purchasing an additional 4,037 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in shares of Schwab U.S. REIT ETF by 236.5% in the 1st quarter. State of Alaska Department of Revenue now owns 74,199 shares of the company’s stock valued at $1,506,000 after buying an additional 52,148 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 1.0 %

Shares of SCHH opened at $22.76 on Monday. Schwab U.S. REIT ETF has a 1-year low of $16.63 and a 1-year high of $23.66. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The company’s fifty day simple moving average is $22.80 and its 200 day simple moving average is $21.01.

Schwab U.S. REIT ETF 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.