Orion Portfolio Solutions LLC Has $1.11 Million Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Orion Portfolio Solutions LLC grew its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 20.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 52,892 shares of the company’s stock after buying an additional 9,112 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Schwab U.S. REIT ETF were worth $1,114,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHH. Stifel Financial Corp grew its position in Schwab U.S. REIT ETF by 6.5% in the 3rd 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 period. JPMorgan Chase & Co. grew its holdings in shares of Schwab U.S. REIT ETF by 190.9% during 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 last quarter. Johnson Financial Group LLC increased its position in shares of Schwab U.S. REIT ETF by 32.3% during the fourth quarter. Johnson Financial Group LLC now owns 105,772 shares of the company’s stock worth $2,228,000 after acquiring an additional 25,822 shares in the last quarter. Wrenne Financial Planning LLC raised its holdings in shares of Schwab U.S. REIT ETF by 18.0% in the 4th quarter. Wrenne Financial Planning LLC now owns 49,063 shares of the company’s stock worth $1,033,000 after acquiring an additional 7,475 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter valued at about $694,000.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH opened at $20.01 on Friday. The firm has a market capitalization of $7.05 billion, a P/E ratio of 32.57 and a beta of 0.96. Schwab U.S. REIT ETF has a 52 week low of $18.45 and a 52 week high of $23.66. The stock has a 50 day moving average price of $21.49 and a two-hundred day moving average price of $21.93.

Schwab U.S. REIT ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0985 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.