Black Diamond Financial LLC Raises Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Black Diamond Financial LLC boosted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 83,755 shares of the company’s stock after buying an additional 995 shares during the quarter. Black Diamond Financial LLC’s holdings in Schwab U.S. REIT ETF were worth $1,941,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lifeworks Advisors LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the third quarter valued at about $278,000. Carrera Capital Advisors increased its holdings in Schwab U.S. REIT ETF by 29.8% in the 3rd quarter. Carrera Capital Advisors now owns 22,652 shares of the company’s stock valued at $525,000 after purchasing an additional 5,195 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in Schwab U.S. REIT ETF by 34.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 35,798 shares of the company’s stock valued at $829,000 after purchasing an additional 9,080 shares during the period. Apollon Wealth Management LLC lifted its stake in Schwab U.S. REIT ETF by 2.4% during the third quarter. Apollon Wealth Management LLC now owns 1,071,578 shares of the company’s stock worth $24,828,000 after purchasing an additional 24,673 shares in the last quarter. Finally, Alaska Wealth Advisors boosted its position in shares of Schwab U.S. REIT ETF by 1.6% during the third quarter. Alaska Wealth Advisors now owns 60,476 shares of the company’s stock worth $1,401,000 after buying an additional 973 shares during the period.

Schwab U.S. REIT ETF Trading Down 1.0 %

Shares of NYSEARCA SCHH opened at $22.17 on Friday. The stock has a market capitalization of $7.03 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a twelve month low of $18.42 and a twelve month high of $23.66. The stock has a fifty day simple moving average of $22.83 and a 200-day simple moving average of $21.33.

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.