Portland Financial Advisors Inc Takes Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Portland Financial Advisors Inc purchased a new stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,868 shares of the company’s stock, valued at approximately $418,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in shares of Schwab U.S. REIT ETF by 6.5% during the 3rd quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock worth $781,000 after purchasing an additional 2,044 shares during the period. JPMorgan Chase & Co. raised its position in Schwab U.S. REIT ETF by 190.9% in the third quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock worth $1,767,000 after acquiring an additional 50,060 shares during the period. Lifeworks Advisors LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter valued at about $278,000. Orion Portfolio Solutions LLC increased its stake in shares of Schwab U.S. REIT ETF by 19.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 43,780 shares of the company’s stock worth $1,014,000 after purchasing an additional 7,108 shares during the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth approximately $39,000.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $21.58 on Monday. The business has a 50-day moving average of $21.17 and a 200 day moving average of $22.11. Schwab U.S. REIT ETF has a fifty-two week low of $18.45 and a fifty-two week high of $23.66. The firm has a market cap of $6.85 billion, a P/E ratio of 26.49 and a beta of 0.97.

Schwab U.S. REIT ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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