Brooklyn FI LLC Raises Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Brooklyn FI LLC grew its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6,300.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,689,304 shares of the company’s stock after acquiring an additional 7,569,163 shares during the quarter. Schwab U.S. REIT ETF comprises approximately 0.9% of Brooklyn FI LLC’s investment portfolio, making the stock its 27th biggest position. Brooklyn FI LLC owned about 2.42% of Schwab U.S. REIT ETF worth $171,853,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHH. Trillium Asset Management LLC increased its position in Schwab U.S. REIT ETF by 9.1% during the fourth quarter. Trillium Asset Management LLC now owns 67,760 shares of the company’s stock worth $1,427,000 after purchasing an additional 5,654 shares during the last quarter. Wrenne Financial Planning LLC grew its stake 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 valued at $1,033,000 after buying an additional 7,475 shares during the period. Parallel Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF by 6.1% in the 4th quarter. Parallel Advisors LLC now owns 27,925 shares of the company’s stock valued at $588,000 after buying an additional 1,606 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Schwab U.S. REIT ETF by 8.6% during the 4th quarter. Corient Private Wealth LLC now owns 54,068 shares of the company’s stock worth $1,139,000 after buying an additional 4,271 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of Schwab U.S. REIT ETF by 3.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,234,435 shares of the company’s stock valued at $152,357,000 after buying an additional 252,942 shares during the period.

Schwab U.S. REIT ETF Stock Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.53 on Wednesday. The stock has a 50 day moving average of $21.39 and a 200 day moving average of $22.07. The firm has a market capitalization of $7.55 billion, a price-to-earnings ratio of 32.19 and a beta of 1.06. Schwab U.S. REIT ETF has a fifty-two week low of $18.45 and a fifty-two week high of $23.66.

Schwab U.S. REIT ETF 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.