National Bank of Canada FI Raises Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

National Bank of Canada FI increased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 391,409 shares of the company’s stock after acquiring an additional 7,030 shares during the quarter. National Bank of Canada FI’s holdings in Schwab U.S. REIT ETF were worth $8,243,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JNBA Financial Advisors acquired a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth $28,000. CENTRAL TRUST Co purchased a new stake in Schwab U.S. REIT ETF in the 4th quarter valued at about $30,000. West Oak Capital LLC increased its stake in shares of Schwab U.S. REIT ETF by 794.9% during the 4th quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock valued at $47,000 after acquiring an additional 20,954 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Schwab U.S. REIT ETF by 266.9% in the fourth quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock worth $59,000 after acquiring an additional 2,026 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in Schwab U.S. REIT ETF by 311.3% in the fourth quarter. Assetmark Inc. now owns 3,064 shares of the company’s stock valued at $65,000 after purchasing an additional 2,319 shares during the period.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $20.01 on Friday. The firm has a market capitalization of $7.05 billion, a price-to-earnings ratio of 32.57 and a beta of 0.96. The company has a 50 day moving average price of $21.49 and a 200 day moving average price of $21.92. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66.

Schwab U.S. REIT ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.0985 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.