Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Sold by Firestone Capital Management

Firestone Capital Management lowered its holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 402,042 shares of the company’s stock after selling 26,437 shares during the quarter. Schwab U.S. REIT ETF comprises 2.6% of Firestone Capital Management’s investment portfolio, making the stock its 12th biggest holding. Firestone Capital Management owned about 0.13% of Schwab U.S. REIT ETF worth $8,326,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHH. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Schwab U.S. REIT ETF during the third quarter worth about $105,854,000. Cerity Partners LLC grew its stake in shares of Schwab U.S. REIT ETF by 165.7% in the 4th quarter. Cerity Partners LLC now owns 5,910,260 shares of the company’s stock valued at $122,401,000 after purchasing an additional 3,685,437 shares during the last quarter. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Schwab U.S. REIT ETF by 4.1% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock valued at $912,403,000 after purchasing an additional 2,010,996 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of Schwab U.S. REIT ETF by 4.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock worth $840,604,000 after purchasing an additional 1,921,502 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Schwab U.S. REIT ETF by 6.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after buying an additional 1,633,614 shares during the period.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA:SCHH traded down $0.32 during mid-day trading on Tuesday, reaching $18.75. The stock had a trading volume of 7,868,597 shares, compared to its average volume of 3,493,148. The business has a 50 day simple moving average of $19.72 and a 200 day simple moving average of $19.44. Schwab U.S. REIT ETF has a twelve month low of $16.63 and a twelve month high of $20.95. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 26.71 and a beta of 0.99.

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.