Christensen King & Associates Investment Services Inc. Cuts Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Christensen King & Associates Investment Services Inc. reduced its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,625 shares of the company’s stock after selling 1,351 shares during the period. Christensen King & Associates Investment Services Inc.’s holdings in Schwab U.S. REIT ETF were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Charles Schwab Investment Advisory Inc. increased its stake in Schwab U.S. REIT ETF by 2.8% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock worth $1,093,377,000 after buying an additional 1,472,209 shares during the period. US Bancorp DE raised its stake in shares of Schwab U.S. REIT ETF by 4.6% in the second quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock valued at $544,680,000 after acquiring an additional 1,201,620 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab U.S. REIT ETF by 7.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock valued at $136,549,000 after purchasing an additional 480,848 shares during the period. Moisand Fitzgerald Tamayo LLC grew its stake in Schwab U.S. REIT ETF by 9.4% during the 1st quarter. Moisand Fitzgerald Tamayo LLC now owns 1,244,689 shares of the company’s stock worth $25,267,000 after purchasing an additional 106,505 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new stake in Schwab U.S. REIT ETF during the 2nd quarter worth about $23,895,000.

Schwab U.S. REIT ETF Stock Performance

SCHH stock traded up $0.04 during mid-day trading on Tuesday, reaching $22.75. The company had a trading volume of 2,104,986 shares, compared to its average volume of 3,536,022. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $23.66. The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The firm has a fifty day simple moving average of $22.71 and a 200 day simple moving average of $20.94.

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.