Heritage Financial Services LLC Trims Stock Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Heritage Financial Services LLC cut its position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,833 shares of the company’s stock after selling 1,497 shares during the quarter. Heritage Financial Services LLC’s holdings in Schwab U.S. REIT ETF were worth $397,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SCHH. M Wealth Management LLC acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter worth $663,000. Foster & Motley Inc. grew its stake in shares of Schwab U.S. REIT ETF by 0.7% in the 4th quarter. Foster & Motley Inc. now owns 904,666 shares of the company’s stock valued at $19,052,000 after purchasing an additional 6,633 shares during the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth approximately $6,092,000. Stonegate Investment Group LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth $953,000. Finally, Perigon Wealth Management LLC increased its stake in Schwab U.S. REIT ETF by 14.9% in the 4th quarter. Perigon Wealth Management LLC now owns 139,873 shares of the company’s stock valued at $2,956,000 after buying an additional 18,177 shares during the period.

Schwab U.S. REIT ETF Stock Up 1.2 %

Shares of Schwab U.S. REIT ETF stock opened at $21.28 on Friday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52-week low of $18.45 and a 52-week high of $23.66. The company’s 50-day simple moving average is $21.57 and its 200-day simple moving average is $22.08.

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.