POM Investment Strategies LLC Sells 477,886 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

POM Investment Strategies LLC lowered its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 98.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,341 shares of the company’s stock after selling 477,886 shares during the quarter. POM Investment Strategies LLC’s holdings in Schwab U.S. REIT ETF were worth $134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of SCHH. Stockman Wealth Management Inc. grew its position in Schwab U.S. REIT ETF by 24.7% during the fourth quarter. Stockman Wealth Management Inc. now owns 42,010 shares of the company’s stock valued at $885,000 after buying an additional 8,325 shares during the period. Thompson Investment Management Inc. boosted its stake in Schwab U.S. REIT ETF by 7.6% in the fourth quarter. Thompson Investment Management Inc. now owns 13,535 shares of the company’s stock valued at $285,000 after acquiring an additional 951 shares during the last quarter. Kingsview Wealth Management LLC grew its position in shares of Schwab U.S. REIT ETF by 499.7% during the 4th 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 period. Apollon Wealth Management LLC grew its position in shares of Schwab U.S. REIT ETF by 1.3% during the 4th quarter. Apollon Wealth Management LLC now owns 1,085,766 shares of the company’s stock valued at $22,866,000 after acquiring an additional 14,188 shares during the period. Finally, Apollon Financial LLC increased its stake in shares of Schwab U.S. REIT ETF by 14.9% during the 4th 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 during the last quarter.

Schwab U.S. REIT ETF Stock Performance

Schwab U.S. REIT ETF stock opened at $21.49 on Tuesday. The business’s 50 day simple moving average is $21.34 and its 200 day simple moving average is $22.09. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66. The company 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.