Elevation Wealth Partners LLC Sells 9,363 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Elevation Wealth Partners LLC trimmed its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 179,366 shares of the company’s stock after selling 9,363 shares during the period. Schwab U.S. REIT ETF accounts for 1.6% of Elevation Wealth Partners LLC’s portfolio, making the stock its 14th largest position. Elevation Wealth Partners LLC owned 0.06% of Schwab U.S. REIT ETF worth $3,777,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Stockman Wealth Management Inc. raised its holdings in Schwab U.S. REIT ETF by 24.7% in the fourth quarter. Stockman Wealth Management Inc. now owns 42,010 shares of the company’s stock worth $885,000 after purchasing an additional 8,325 shares in the last quarter. Thompson Investment Management Inc. raised its stake in shares of Schwab U.S. REIT ETF by 7.6% during the 4th quarter. Thompson Investment Management Inc. now owns 13,535 shares of the company’s stock worth $285,000 after acquiring an additional 951 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in Schwab U.S. REIT ETF by 499.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 192,186 shares of the company’s stock valued at $4,047,000 after acquiring an additional 160,138 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 1.3% in the fourth quarter. Apollon Wealth Management LLC now owns 1,085,766 shares of the company’s stock worth $22,866,000 after purchasing an additional 14,188 shares during the last quarter. Finally, Apollon Financial LLC increased its position in shares of Schwab U.S. REIT ETF by 14.9% during the fourth quarter. Apollon Financial LLC now owns 60,016 shares of the company’s stock worth $1,264,000 after purchasing an additional 7,770 shares in the last quarter.

Schwab U.S. REIT ETF Trading Down 0.3 %

Shares of SCHH opened at $21.49 on Monday. The firm has a market cap of $6.82 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66. The stock has a fifty day moving average price of $21.34 and a 200-day moving average price of $22.09.

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.