Galvin Gaustad & Stein LLC Has $210,000 Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Galvin Gaustad & Stein LLC reduced its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 55.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,981 shares of the company’s stock after selling 12,382 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Schwab U.S. REIT ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Stifel Financial Corp raised its position in Schwab U.S. REIT ETF by 6.5% in the third quarter. Stifel Financial Corp now owns 33,701 shares of the company’s stock valued at $781,000 after purchasing an additional 2,044 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Schwab U.S. REIT ETF in the second quarter valued at approximately $263,000. JPMorgan Chase & Co. increased its stake in shares of Schwab U.S. REIT ETF by 190.9% in the third quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock valued at $1,767,000 after buying an additional 50,060 shares during the period. Lifeworks Advisors LLC bought a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at approximately $278,000. Finally, Stableford Capital II LLC boosted its position in Schwab U.S. REIT ETF by 206.9% during the 3rd quarter. Stableford Capital II LLC now owns 62,952 shares of the company’s stock worth $1,418,000 after buying an additional 42,438 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $21.24 on Friday. Schwab U.S. REIT ETF has a fifty-two week low of $18.45 and a fifty-two week high of $23.66. The company’s 50 day moving average price is $21.68 and its two-hundred day moving average price is $22.04. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

Schwab U.S. REIT ETF Company 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.