Independent Solutions Wealth Management LLC Sells 9,799 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Independent Solutions Wealth Management LLC reduced its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 11.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 72,259 shares of the company’s stock after selling 9,799 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Schwab U.S. REIT ETF were worth $1,522,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Atria Investments Inc grew its holdings in shares of Schwab U.S. REIT ETF by 21.2% during the 3rd quarter. Atria Investments Inc now owns 20,684 shares of the company’s stock worth $479,000 after purchasing an additional 3,625 shares in the last quarter. Commerce Bank grew its stake in Schwab U.S. REIT ETF by 35.5% during the third quarter. Commerce Bank now owns 21,585 shares of the company’s stock worth $500,000 after buying an additional 5,654 shares in the last quarter. Citizens Financial Group Inc. RI bought a new position in Schwab U.S. REIT ETF in the 3rd quarter valued at about $209,000. Wrenne Financial Planning LLC raised its position in shares of Schwab U.S. REIT ETF by 14.3% in the 3rd quarter. Wrenne Financial Planning LLC now owns 41,588 shares of the company’s stock valued at $964,000 after buying an additional 5,200 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in shares of Schwab U.S. REIT ETF by 329.7% during the 3rd quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock worth $58,000 after acquiring an additional 1,912 shares during the period.

Schwab U.S. REIT ETF Trading Down 0.2 %

NYSEARCA SCHH opened at $21.50 on Friday. The firm’s 50 day simple moving average is $21.43 and its 200 day simple moving average is $22.06. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 32.19 and a beta of 1.06. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66.

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.