Firestone Capital Management Boosts Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Firestone Capital Management lifted its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 441,233 shares of the company’s stock after acquiring an additional 15,983 shares during the quarter. Schwab U.S. REIT ETF makes up about 2.3% of Firestone Capital Management’s holdings, making the stock its 14th largest holding. Firestone Capital Management’s holdings in Schwab U.S. REIT ETF were worth $9,292,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sculati Wealth Management LLC grew its holdings in Schwab U.S. REIT ETF by 96.9% in the third quarter. Sculati Wealth Management LLC now owns 37,811 shares of the company’s stock worth $876,000 after purchasing an additional 18,606 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 3.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 15,987 shares of the company’s stock worth $366,000 after buying an additional 530 shares during the last quarter. Independent Solutions Wealth Management LLC grew its holdings in shares of Schwab U.S. REIT ETF by 0.9% during the third quarter. Independent Solutions Wealth Management LLC now owns 82,058 shares of the company’s stock valued at $1,901,000 after buying an additional 727 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Schwab U.S. REIT ETF by 190.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 76,283 shares of the company’s stock valued at $1,767,000 after purchasing an additional 50,060 shares during the last quarter. Finally, CWA Asset Management Group LLC increased its holdings in shares of Schwab U.S. REIT ETF by 15.6% in the fourth quarter. CWA Asset Management Group LLC now owns 19,063 shares of the company’s stock valued at $401,000 after purchasing an additional 2,567 shares during the period.

Schwab U.S. REIT ETF Price Performance

NYSEARCA:SCHH opened at $20.82 on Tuesday. The firm has a market capitalization of $7.33 billion, a P/E ratio of 31.64 and a beta of 0.96. The company’s fifty day moving average price is $21.03 and its 200-day moving average price is $21.57. Schwab U.S. REIT ETF has a 1-year low of $18.25 and a 1-year high of $23.66.

Schwab U.S. REIT ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid 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.