Schoolcraft Capital LLC Sells 2,636 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Schoolcraft Capital LLC cut its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 135,806 shares of the company’s stock after selling 2,636 shares during the period. Schwab U.S. REIT ETF comprises approximately 0.6% of Schoolcraft Capital LLC’s portfolio, making the stock its 24th largest position. Schoolcraft Capital LLC’s holdings in Schwab U.S. REIT ETF were worth $2,860,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. JNBA Financial Advisors purchased a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at about $28,000. CENTRAL TRUST Co purchased a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at about $30,000. Blue Trust Inc. purchased a new stake in Schwab U.S. REIT ETF during the third quarter valued at about $39,000. GSB Wealth Management LLC bought a new position in shares of Schwab U.S. REIT ETF during the third quarter valued at about $42,000. Finally, AlphaCore Capital LLC raised its stake in shares of Schwab U.S. REIT ETF by 329.7% during the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock valued at $58,000 after acquiring an additional 1,912 shares during the last quarter.

Schwab U.S. REIT ETF Trading Up 0.3 %

Shares of NYSEARCA:SCHH opened at $21.65 on Tuesday. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. The company has a 50-day moving average price of $21.17 and a 200-day moving average price of $22.11. Schwab U.S. REIT ETF has a 12 month low of $18.45 and a 12 month high of $23.66.

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.