C M Bidwell & Associates Ltd. Invests $3.66 Million in Schwab U.S. REIT ETF $SCHH

by · The Cerbat Gem

C M Bidwell & Associates Ltd. bought a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 126,375 shares of the company’s stock, valued at approximately $3,660,000. Schwab U.S. REIT ETF accounts for about 1.5% of C M Bidwell & Associates Ltd.’s portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Schwab U.S. REIT ETF during the 2nd quarter worth approximately $41,000. Persistent Asset Partners Ltd acquired a new stake in shares of Schwab U.S. REIT ETF in the 2nd quarter worth $66,000. Strategic Wealth Advisors LLC purchased a new position in Schwab U.S. REIT ETF during the second quarter worth about $71,000. Palisade Asset Management LLC purchased a new position in Schwab U.S. REIT ETF in the third quarter worth approximately $25,000. Finally, Horizon Investments LLC acquired a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth about $25,000.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $24.04 on Friday. The company has a 50 day moving average price of $24.08 and a 200 day moving average price of $23.22. Schwab U.S. REIT ETF has a fifty-two week low of $20.63 and a fifty-two week high of $25.03. The stock has a market capitalization of $11.37 billion, a P/E ratio of 34.50 and a beta of 0.94.

About Schwab U.S. REIT ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. REIT ETF (NYSEARCA:SCHHFree Report).