Braun Bostich & Associates Inc. Has $1.54 Million Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Braun Bostich & Associates Inc. raised its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,288 shares of the company’s stock after acquiring an additional 598 shares during the period. Schwab U.S. REIT ETF comprises approximately 1.1% of Braun Bostich & Associates Inc.’s holdings, making the stock its 25th largest holding. Braun Bostich & Associates Inc.’s holdings in Schwab U.S. REIT ETF were worth $1,543,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of Schwab U.S. REIT ETF by 16.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 28,557 shares of the company’s stock valued at $570,000 after acquiring an additional 4,073 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Schwab U.S. REIT ETF by 9.3% during the second quarter. Envestnet Asset Management Inc. now owns 410,795 shares of the company’s stock valued at $8,204,000 after purchasing an additional 35,112 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Schwab U.S. REIT ETF by 33.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 111,615 shares of the company’s stock valued at $2,229,000 after purchasing an additional 28,190 shares during the period. Evergreen Capital Management LLC raised its holdings in shares of Schwab U.S. REIT ETF by 1.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 29,934 shares of the company’s stock worth $603,000 after buying an additional 467 shares in the last quarter. Finally, Ariadne Wealth Management LP bought a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter worth approximately $301,000.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH stock opened at $21.48 on Wednesday. The stock’s fifty day simple moving average is $21.72 and its 200 day simple moving average is $22.04. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.