Ballast Advisors LLC Cuts Stock Holdings in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Ballast Advisors LLC cut its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 0.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 95,540 shares of the company’s stock after selling 770 shares during the period. Schwab U.S. REIT ETF accounts for approximately 0.7% of Ballast Advisors LLC’s holdings, making the stock its 21st biggest holding. Ballast Advisors LLC’s holdings in Schwab U.S. REIT ETF were worth $2,214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Avidian Wealth Enterprises LLC increased its position in Schwab U.S. REIT ETF by 11.2% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 11,280 shares of the company’s stock worth $261,000 after purchasing an additional 1,135 shares in the last quarter. Landmark Wealth Management LLC purchased a new stake in Schwab U.S. REIT ETF during the third quarter worth approximately $1,815,000. Madden Advisory Services Inc. increased its position in shares of Schwab U.S. REIT ETF by 4.6% in the third quarter. Madden Advisory Services Inc. now owns 98,113 shares of the company’s stock worth $2,273,000 after acquiring an additional 4,352 shares in the last quarter. Rational Advisors LLC raised its stake in shares of Schwab U.S. REIT ETF by 12.8% in the 3rd quarter. Rational Advisors LLC now owns 1,963,100 shares of the company’s stock valued at $45,485,000 after acquiring an additional 222,456 shares during the period. Finally, Glassy Mountain Advisors Inc. lifted its holdings in shares of Schwab U.S. REIT ETF by 4.5% during the 3rd quarter. Glassy Mountain Advisors Inc. now owns 104,290 shares of the company’s stock valued at $2,416,000 after acquiring an additional 4,489 shares in the last quarter.

Schwab U.S. REIT ETF Trading Down 0.8 %

Shares of Schwab U.S. REIT ETF stock opened at $22.44 on Wednesday. The company has a fifty day moving average price of $22.85 and a 200 day moving average price of $21.20. Schwab U.S. REIT ETF has a twelve month low of $17.54 and a twelve month high of $23.66. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97.

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.