Pure Financial Advisors LLC Cuts Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Pure Financial Advisors LLC cut its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 173,986 shares of the company’s stock after selling 3,119 shares during the quarter. Pure Financial Advisors LLC owned 0.05% of Schwab U.S. REIT ETF worth $3,664,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHH. Asset Dedication LLC boosted its holdings in Schwab U.S. REIT ETF by 36.9% during the 3rd quarter. Asset Dedication LLC now owns 1,650 shares of the company’s stock valued at $38,000 after acquiring an additional 445 shares during the period. Blue Trust Inc. bought a new stake in Schwab U.S. REIT ETF in the third quarter valued at approximately $39,000. GSB Wealth Management LLC purchased a new stake in shares of Schwab U.S. REIT ETF during the third quarter valued at approximately $42,000. West Oak Capital LLC grew its holdings in shares of Schwab U.S. REIT ETF by 794.9% in the fourth quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock worth $47,000 after purchasing an additional 20,954 shares during the last quarter. Finally, AlphaCore Capital LLC increased its stake in shares of Schwab U.S. REIT ETF by 329.7% in the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock worth $58,000 after buying an additional 1,912 shares during the period.

Schwab U.S. REIT ETF Price Performance

SCHH opened at $21.12 on Tuesday. The firm has a market capitalization of $6.70 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a one year low of $18.45 and a one year high of $23.66. The business has a 50 day simple moving average of $21.72 and a two-hundred day simple moving average of $22.04.

Schwab U.S. REIT ETF Company 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.