Jackson Thornton Wealth Management LLC Has $9.23 Million Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Jackson Thornton Wealth Management LLC reduced its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 438,243 shares of the company’s stock after selling 18,750 shares during the period. Schwab U.S. REIT ETF accounts for 1.2% of Jackson Thornton Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. Jackson Thornton Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $9,229,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Ballast Advisors LLC raised its stake in Schwab U.S. REIT ETF by 5.7% during the 4th quarter. Ballast Advisors LLC now owns 101,019 shares of the company’s stock valued at $2,127,000 after purchasing an additional 5,479 shares during the period. SigFig Wealth Management LLC raised its stake in Schwab U.S. REIT ETF by 3.2% during the 4th quarter. SigFig Wealth Management LLC now owns 44,214 shares of the company’s stock valued at $931,000 after purchasing an additional 1,384 shares during the period. Bestgate Wealth Advisors LLC acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter valued at $1,125,000. North Forty Two & Co. acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter valued at $957,000. Finally, VSM Wealth Advisory LLC acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter valued at $464,000.

Schwab U.S. REIT ETF Stock Down 1.2 %

Shares of NYSEARCA:SCHH opened at $21.24 on Monday. The company’s fifty day moving average is $21.45 and its two-hundred day moving average is $22.04. 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 $7.45 billion, a P/E ratio of 32.19 and a beta of 1.06.

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.